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Biden SEC pick Gensler grilled over bitcoin, GameStop mania and board diversity


Biden SEC pick Gensler grilled over bitcoin, GameStop mania and board diversity
CNBC
3/2/2021
Thomas Franck
Gary Gensler, Biden s pick to lead the SEC, said he would look into recent trading mania in GameStop, the gamification of trading and board diversity.
Gensler, a former Goldman Sachs partner, also fielded questions about cryptocurrency, blockchain and bitcoin.
Sen. Elizabeth Warren asked about Robinhood, while Sen. Pat Toomey asked if corporate boards should be forced to diversify with respect to race, gender or sexual orientation.
© Provided by CNBC
Gary Gensler
Gary Gensler, President
Joe Biden s pick to lead the Securities and Exchange Commission, said he would hope to oversee cryptocurrency regulation, the gamification of equity trading and board diversity if confirmed to lead Wall Street s chief regulator. ....

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US Senate Affirms Embassy in Jerusalem


WASHINGTON, D.C. The United States Senate voted 97-3 last week in favor of a resolution that would make the U.S. Embassy in Jerusalem permanent, effectively preventing it from being downgraded or moved.
The resolution was presented by Oklahoma Republican Senator Jim Inhofe to be included as part of the budget Congress is currently considering. He called the embassy move “an important message.”
Bernie Sanders,  Elizabeth Warren, Tom Carper were the only senators to oppose Inhofe’s resolution
Vermont Independent Bernie Sanders, Massachusetts Democrat Elizabeth Warren, and Delaware Democrat Tom Carper were the only senators to oppose Inhofe’s resolution. ....

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