Crypto NewsAltcoinFormer SEC Chairman Gary Gensler Found a New Job! Will His View...

Former SEC Chairman Gary Gensler Found a New Job! Will His View on Cryptocurrencies Change?

Former SEC Chairman Gary Gensler is returning to MIT as a professor of the practice, FOX Business correspondent Eleanor Terrett reports.

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Gary Gensler, who resigned as SEC Chairman on January 20, the day Donald Trump took office, quickly found a new job.

Former SEC Chairman Gary Gensler is returning to MIT as a professor of practice in the Global Economics and Governance Group and the Finance Group, FOX Business correspondent Eleanor Terrett reports.

Gensler, who will start at the MIT Sloan School of Management, will teach and conduct research on artificial intelligence, finance, fintech and public policy.

In addition to his teaching position, Gensler will also be co-director of the FinTechAI@CSAIL program at the Massachusetts Institute of Technology’s Computer Science and Artificial Intelligence Laboratory.

“As an MIT Sloan graduate, I am incredibly humbled and disappointed to see Gensler rehired. It is a waste of time, education money, and energy for any student hoping to learn and support new and innovative technologies,” said Devin Walsh, Co-Founder of the Uniswap Foundation.

Prior to his new role at MIT, Gensler served as SEC chairman. During his tenure at the SEC, Gensler sought to shape cryptocurrency policy through enforcement and implementation. Under his leadership, the SEC filed more than 125 lawsuits against major crypto firms, earning Gensler the nickname “crypto villain.”

Prior to his time as SEC chairman, Gary Gensler served as Chairman of the U.S. Commodity Futures Trading Commission (CFTC) during the Obama administration. Prior to joining the CFTC, Gensler worked at Goldman Sachs for 18 years.

*This is not investment advice.

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