Some see the market activity as a populist uprising that could eventually leave investors exposed to major losses.
The rule-cutting and lax enforcement of the Trump years appear to be over.
The nominations are bad news for the banking industry, which has been bracing for the prospect of stiffer rules.
Democratic lawmakers would expect Gensler to undo policies put in place during the Trump administration.
Brian Deese was a senior advisor to Barack Obama on climate.
Former Federal Reserve Chair Janet Yellen would be the first woman to hold the nation’s top economic policy job.
Joe Biden will call for a moderate approach toward reviving the U.S. economy if elected president.
Progressives worry that once in office, his economic recovery plan will mirror that of President Barack Obama.
The former Treasury secretary has been critical of a wealth tax and his role will likely roil progressives.
The Democratic National Committee postponed its presidential nominating convention due to concerns about the coronavirus.
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