Gensler to Step Down as CFTC Chairman

Gensler

H. Darr Beiser USAT

The WSJ is reporting that Goldmanite Gary Gensler has declined an invitation from President Obama to serve a second term as CFTC Chairman, and will leave the CFTC by the end of the year.
Apparently Goldman no longer needs their man at the CFTC now that the agency’s 5 year “investigation” into silver market manipulation has been put to rest.

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As the WSJ reports, Gensler will step down by the end of the year.   This follows Tuesday’s news that the CFTC’s head of enforcement David Meister (who has followed Gary Gensler step by step like a baby rat throughout his career) will step down as early as Tuesday.   Meister had reportedly not yet begun searching for a new job.
We suspect Mr. Gensler won’t have to put forth any effort searching for a new gig, as his successful handling of the silver manipulation incident for his bankster employers has no doubt kept him in line for a much more prominent and rewarding position.

The WSJ reports that new commissioner Mark Wetjen, former CFTC enforcement chief Geoffrey Aronow, New York Law School professor Ronald Filler and Assistant Treasury Secretary Timothy Massad are among those being considered to succeed Mr. Gensler.

The NY Times also names Amanda Renteria as a candidate for Gensler’s vacated position, and Ms. Renteria likely has fairly short odds of receiving the nomination, considering her pedigree as a fellow Goldman alumn.


 

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Comments

  1. looks like they are having a going away party for him today.

  2. He’s probably saying, “mission accomplished”.  He did what he was told to do.  Hinder silver manipulation investigations.

  3. Now another useless piece of shit will be taking his place.  Ted Butler said he had hopes this guy would “DO” something.  Well, Ted, you finally were wrong about something!

    • they just fire them in and out of the revolving door. these guys do what they are told. I have said before either you take the bribe our you take a bullet.
       
      The only thing about this current political theater I like is the fact that obama seems to be wanting a crash. I’m all for it.

    • Ditto CD.  Save me the typing…

  4. @Dirt:  Your spot on with that one!  This Kenyan has wanted to bring this country to its knees for five years now.  Now he is getting ever so close.  My thinking is as soon as he leaves office he will discover a lead-type metal…if you get my drift.

  5. The history on Bart Chilton is that he has always been a consumer advocate whatever we may believe. Bart is only one of the governors and although he made have been the head of the Silver manipulation, his hands have been told to stay off as the 1934 Gold Act defers that the government can do anything that they want to manipulate markets for the “Good of the Economy”. 1934 was 10 years before the dollar made it’s debut as the world’s reserve currency. The entire CFTC board of governors follows The Treasury Department and subbed by The Federal Reserve to do what they are told by The Illuminati. President Kennedy found out the hard way that those guys do not fool around. So what would you do if you were Bart Chilton and had the whistle blower evidence by the JPM Traders handed over to him by Andrew McGuire? Anybody that wants to jump on me for any errors in what I have said, please feel free to do so. It doesn’t matter at all who replaces Gensler not one tiny bit
     

    • No, you said it perfectly Ranger. Spot on.

    • Ranger – I don’t quite understand what you mean when you say, “The history on Bart Chilton is that he has always been a consumer advocate….and head of the silver manipulation,….” then go on to say basically they(CFTC) are all puppets for the slave masters. JFK learned the hard way. Most of what you say I do agree with. It is that first sentence that confuses me. How do you be a consumer(meaning the unwashed, I take it)advocate yet at the same time dance to the slave masters? Just how can you be both?

  6. Gary Gangster declined to serve the second term. Are rats leaving the sinking ship?

    • He’s being shown the door, don’t care what they say publicly.  Word was he was teying to leave by october now going to serve his term and be done.  Bart doesn’t want to leave but his term is about up too,

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