The post Mark Cuban Considers SEC Chair Role, Questions Gensler’s Crypto Policies appeared on BitcoinEthereumNews.com.

TLDR Mark Cuban expressed interest in becoming SEC chair if Kamala Harris becomes president Cuban criticized current SEC chair Gary Gensler as “awful” for crypto and businesses Harris recently made crypto-positive remarks, promising to encourage innovative technologies Cuban has been vocal in his criticism of Gensler’s approach to crypto regulation Some view Cuban as a potential “breath of fresh air” for the SEC compared to Gensler Mark Cuban, the billionaire entrepreneur and owner of the Dallas Mavericks, has expressed interest in becoming the chair of the U.S. Securities and Exchange Commission (SEC) if Kamala Harris becomes the next President of the United States. This revelation came during an interview with Neil Caputo on Fox News, where Cuban was asked about potential positions in a Harris administration. When presented with options such as Treasury Secretary or Commerce Secretary, Cuban’s response was clear: “Head of the SEC. That’s the job I would take. ” He emphasized the need to replace current SEC Chair Gary Gensler, stating, “somebody needs to replace Gary Gensler.” Cuban’s interest in the SEC chair position comes amid his criticism of Gensler’s approach to cryptocurrency regulation. The billionaire didn’t mince words, describing Gensler as “awful, particularly for crypto and for businesses in general.” This sentiment echoes Cuban’s previous statements on social media, where he called Gensler “a blight on the technology community.” The timing of Cuban’s comments aligns with recent remarks made by Kamala Harris at a New York fundraiser. Harris promised to “encourage innovative technologies like AI and digital assets” under her administration, marking what are believed to be her first crypto-positive statements. Gary Gensler is a blight on the technology community. He says Howey is the law of the land. If it was, there never would be a reason for Reves vs Ernst &Young to exist https://t.co/QebV6xb3uy…

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Filed under: News - @ September 27, 2024 9:27 am