Gary Gensler
speaker
649 appearances
2 recordings
1 series
first heard Aug 2026
last heard 4d ago
Gary Gensler’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
They're institutional markets.
Many of your listeners would go, why is Stephen have this guy on talking about interest rates?
Markets, but it matters to your mortgage.
It matters to your employer.
It matters to your auto loan and your student loan, the interest rate markets.
I'm very proud of that.
I'm proud of one other thing in the enforcement area.
We found a bunch of cheats.
I don't know what else to call it.
We found a bunch of people at big banks that were fraudulently setting the interest.
Interest rates, and they would say on a daily basis, this is what we will borrow and lend in the interest rate market called the London Interbank Offer Rate.
Now, why did that matter?
Many people's mortgages, many people's loans were set in relation to that market.
That was called floating rates.
Every day, 16, I think it was banks put in a
rate and we found that a number of them were just lying and others were colluding.
And I think we helped clean that market up.
That is the acronym LIBOR stands for London Interbank Offer Rate.
apart two pieces of it.
One is financial engineering, or you might say financial innovation or even technology.
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