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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