Richard Bernstein, the CEO of RB Advisors, says that Stanley Fischer's resignation only complicates decision-making by global investors and business leaders.
"Gary is very, very capable," Lloyd Blankfein said. "He's not an academic, but I'll tell you there is no one that has a better sense of markets."
"I am not comfortable that the American investing public understands the substantial risks that we face systemically from cyber issues," SEC Chairman Jay Clayton said.
Seitz replaces Len Brennan, who will stay on as chairman of the firm until the end of the year.
Richard Cordray's Labor Day speech was seen as a potential first step toward running to replace John Kasich, who is unable to run for reelection due to term limits.