Bloomberg reporters Benjamin Bain, Jennifer Epstein and Robert Schmidt spotlight the work Prof. Gary Gensler, who has been nominated as the next chair of the Securities and Exchange Commission. Gensler “not only knows how to mobilize a bureaucratic federal agency but also understands the often impenetrable ways that Wall Street makes money -- and how firms use that complexity to turn regulation in their favor.”
President-elect Joe Biden has selected Prof. Gary Gensler to serve as the next chair of the Securities and Exchange Commission, reports Marcy Gordon and Zeke Miller for the AP. Gensler “was an assistant Treasury secretary in the Clinton administration and later headed the CFTC during Barack Obama’s term. With a background of having worked for nearly 20 years at Wall Street powerhouse Goldman Sachs, Gensler surprised many by being a tough regulator of big banks as CFTC chairman.”
NBC News reporter Martha White writes that Prof. Gary Gensler has been selected as President-elect Joe Biden’s nominee to lead the Securities and Exchange Commission. “Gensler is a terrific choice to head the agency," said Barbara Roper, director of investor protection at the Consumer Federation of America. "He’s as knowledgeable about the markets as anyone on Wall Street, so he can’t be intimidated. He’s a seasoned regulator who knows how to get things done.”
Prof. Gary Gensler will be the Biden administration’s pick to lead the Securities and Exchange Commission, reports Matthew Goldstein, Lauren Hirsch and Andrew Ross Sorkin for The New York Times. “Mr. Gensler is a veteran regulator who played a central role in bringing the big banks to heel in the aftermath of the 2008 financial crisis, giving new teeth to a watchdog agency.”
CBS News spotlights how two MIT researchers have been named to key roles on the Biden administration’s science team. Prof. Eric Lander, president and founding director of the Broad Institute, has been nominated to lead the Office of Science and Technology Policy, and Maria Zuber, MIT’s vice president for research, will co-chair the President's Council of Advisors on Science and Technology. Zuber said she hopes to "restore trust in science, and pursue breakthroughs that benefit all people."
Prof. Eric Lander, president and founding director of the Broad Institute, and Maria Zuber, MIT’s vice president for research, have been nominated to leading roles on the Biden administration's science team, report Nidhi Subbaraman and Alexandra Witze for Nature. “These are excellent appointments, highly qualified and experienced, and well grounded in science,” says Rita Colwell, a professor at University of Maryland at College Park and former director of the National Science Foundation
The Economist spotlights research by Professors Daron Acemoglu and David Autor examining how companies are adopting AI technologies, and the impact on the workforce and productivity. The researchers found, “machines are not yet depressing labour demand across the economy as a whole. As machines become cleverer, however, that could change.”
AP reporter Seth Borenstein writes about how President-elect Joe Biden is nominating Prof. Eric Lander of the Broad Institute to serve as his chief science officer and lead the Office of Science and Technology Policy, and has selected Maria Zuber, vice president for research at MIT, to co-chair the President’s Council of Advisors on Science and Technology. Francis Collins, director of the NIH, called Lander, “brilliant, visionary, exceptionally creative and highly effective in aspiring others. I predict he will have a profound transformational effect on American science.”
New York Times reporter Carl Zimmer writes that Prof. Eric Lander, president and founding director of the Broad Institute, has been nominated to serve as director of the Office of Science and Technology Policy and to serve as a presidential science advisor. MIT Vice President for Research Maria Zuber will co-chair the President’s Council of Advisors on Science and Technology.
Prof. Eric Lander, president and founding director of the Broad Institute, has been nominated by President-elect Joe Biden to lead the Office of Science and Technology Policy, which Biden will make a Cabinet-level position, reports Sarah Kaplan for The Washington Post. Maria Zuber, MIT’s vice president for research, will co-chair the President’s Council of Advisors on Science and Technology.
Forbes contributor Adi Gaskell spotlights how the MIT Task Force on the Work of the Future recently released a comprehensive report examining the future of work. Gaskell writes that the Task Force's report emphasizes the “pressing issues of our time as one of improving the quality of jobs to ensure that prosperity is shared across the economy.”
Visiting Prof. Jordan Nickerson speaks with Stephen Duber of Freakonomics about his new study that explores whether car seat laws have contributed to declining birth rates. “The prediction would be that when I have two children that are both required to be put in car seats, it’s going to make it more difficult to have a third child,” Nickerson explains.
Prof. Sinan Aral speaks with Fortune reporter Danielle Abril about how social media companies can more effectively respond to misinformation and hate speech, following the attack on the U.S. Capitol. “This has been a steady momentum build of reaction by social media platforms,” says Aral. “This is a culmination of an understanding of social media companies that they need to do more [and] that the laissez-faire attitude isn’t going to cut it.”
Professor Sinan Aral discusses the role of social media during the attack on the U.S. Capitol. Aral notes that social media companies “have a responsibility to make sure that any information that is advocating violence, supporting violence, advocating the violent overthrow of the government, and so on, be stemmed," says Aral. "This is a content moderation decision.”
Writing for The Boston Globe, Prof. Ernest Moniz, the former U.S. Secretary of Energy, underscores the importance of addressing climate change. Moniz calls for providing “as many options and as much flexibility as possible to meet the deep decarbonization goal — and innovation is key. We need as many low- to no-carbon tools as can be developed. This inclusive approach is what will get us to a shared goal of climate risk mitigation the fastest.”