Goldman Vet Sparks Conflict On Hill

By American News Project

April 2, 2009

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Since January Christopher Hayes, the Washington DC editor of The Nation, has been drawing attention to the flawed nomination of former-Goldman Sachs partner Gary Gensler, who is President Obama's pick to lead the Commodity Futures Trading Commission. In an interview with ANP, Hayes applauds Senator Bernie Sanders attempt to uphold the confirmation of Gensler, one of the senior figures in the Clinton-era Treasury Department who prevented greater regulatory oversight of credit default swaps, and suggests that any attempt to go forward with the stalled confirmation would cast doubt on the Democrats commitment to reform and re-regulate the finance sector.

--Corbin Hiar

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