WASHINGTON (Reuters) - U.S. President-elect Joe Biden tapped finance, trade, and banking regulatory experts for his transition team that ranged from core Democrats to progressive activists, reflecting ongoing debate within the party about how to address economic issues from wealth inequality to climate change.
Biden's "agency transition teams," named in a statement on Tuesday afternoon, are tasked with liaising with the outgoing Donald Trump administration for a smooth transition. The names on the list will not necessarily join the new administration, although some may.
Experts on economics, the Federal Reserve and Treasury Department include familiar names from the Democrats’ deep bench of former Barack Obama administration officials to emerging voices who have argued that the U.S. government should do more to reduce inequality.
Experts tapped for the U.S. Trade Representative’s office show strong union interests, including AFL-CIO campaign leaders Julie Greene and former AFL-CIO trade official Celeste Drake.
Notable advisers to the banking and markets regulatory team include its lead, Gary Gensler, who served as chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014 and oversaw the implementation of key reforms following the 2009 financial crisis; and Andy Green, managing director of Economic Policy at liberal think tank the Centre for American Progress.
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