Biden Taps Government Insiders for Transition Aid as Trump Balks
- Economic teams are known to prefer tough rules on Wall Street
- Agency review teams will work around Trump’s refusals to help
This article is for subscribers only.
President-elect Joe Biden’s transition has turned to alumni from key federal agencies to prepare staffs and policies for the new administration, even as the Trump administration denies Biden’s team access to federal resources.
The agency-review teams focused on the economy and financial regulation, whose names were released Tuesday, include former officials and advocates with well-known records of pushing for tougher rules on Wall Street. That includes former U.S. Commodity Futures Trading Commission Chairman Gary Gensler, who will head the team that is reviewing the Federal Reserve and banking and securities regulators.