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President-elect Biden Transition: Financial Regulators

President-elect Biden Transition: Financial Regulators

President-elect Biden will inherit a country during a health and economic crisis on January 20th, and his team is now tasked with preparing to fill over 4,000 political appointees including  Cabinet slots and heads of financial regulators. We expect this effort to ramp up in the coming weeks with a special focus on health and economic-related positions as the incoming administration has prioritized pandemic response – this was further emphasized with his COVID-19 Advisory Board announcement. Below we have provided an overview on the incoming Biden Administration including what transitions at the financial regulatory agencies and Cabinet could look like from a timing and procedural standpoint.