Joe Biden is an American politician who served as the 46th President of the United States, having won the presidential election in November 2020. Born on November 20, 1942, in Scranton, Pennsylvania, Biden had a long career in politics before assuming the presidency. Biden began his political career as a member of the Democratic Party and represented Delaware in the United States Senate from 1973 to 2009. During his time in the Senate, Biden held various leadership positions, including Chairman of the Senate Judiciary Committee and Chairman of the Senate Foreign Relations Committee. He gained a reputation as a moderate Democrat known for his expertise in foreign policy and criminal justice issues. In 2008, Biden was chosen as the running mate for Democratic presidential nominee Barack Obama. The Obama-Biden ticket won the election, and Biden served as Vice President of the United States from 2009 to 2017. During his tenure as Vice President, Biden played a key role in shaping Obama's domestic and foreign policy agenda, including the passage of the Affordable Care Act (Obamacare) and the implementation of the economic stimulus package following the 2008 financial crisis. In the 2020 presidential election, Biden ran against Republican incumbent President Donald Trump. His campaign focused on issues such as healthcare, climate change, racial justice, and restoring America's standing on the world stage. Biden's victory marked the culmination of a lengthy political career and made him the oldest person ever elected to the presidency. As President, Biden has pursued an ambitious agenda, including efforts to combat the COVID-19 pandemic, address climate change, and promote economic recovery. He has also sought to advance progressive policies on issues such as immigration reform, gun control, and infrastructure investment. Biden's presidency has been characterized by both challenges and accomplishments, as he seeks to navigate a deeply divided political landscape and address pressing issues facing the nation. His leadership style, policy decisions, and ability to forge bipartisan consensus will continue to shape the course of American politics for years to come.
New US President Joe Biden may appoint former CFTC chairman Gary Gensler, who is well versed in the cryptocurrency industry, as SEC chairman.