Is Gary Gensler About To Be Removed
Ah it's election night in the USA so will things start wildin? It's possible lol
On the radar though for crypt is the infamous name and face of Gary Gensler. The person who has attacked crypto on every possible front for the last four years and has done it in a way that even the government house has questioned him more than once. To this day the attacks remain as more wells notices are sent to crypto companies.
But could Gary finally be replaced with someone pro crypto?
It's been said by Harris that Gary would most likely remain in power if she is elected there's no question about that. However if Trump gets in then we would most likely see a shift. He's promised to fire Gary on day one so yeah Gary might be wanting to plan retirement here soon.
The thing is things don't really shift that face and it's often months if not a good year before someone new can be placed in.
Of those people that could maybe really replace him would be...
Hester Peirce otherwise know as "crypto mom".
Chris Giancarlo otherwise know as "crypto dad".
lol yeah these names could be better...
Chris Brummer who is a possible contender to replace Gary is Harris wins.
Paul Atkins he was the SEC commissioner for former George W. Bush
Erica Williams another possible for Harris.
Heath Tarbert who is the active CFTC chair
Robert Stebbins not too much on him besides your basic info of working at the SEC for a while
Dan Gallagher is the chief legal officer of financial trading firm Robinhood.
Todays going to be an interesting one and will either show us a road to very clear crypto adoption or four more years of what we have had of anti crypto.