Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Cathie Wood proposes to weaken the power of the SEC and FTC, and Elon Musk praises it

Cathie Wood proposes to weaken the power of the SEC and FTC, and Elon Musk praises it

Cointime2024/11/11 03:44
By: Cointime
XOLDTOKEN0.00%ARK-2.78%

Cathie Wood, founder of Ark Invest, posted on X stating that the US should relax regulations and weaken the influence of institutions such as the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC). Reduce government spending to make room for the private sector. Implement tax cuts and focus on technological innovation. This may be more effective in promoting the US economy than during the "Reagan Revolution." Elon Musk retweeted the post and said the proposals were "great."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

PoolX x Bitget Earn SWTCH promotion
Bitget Announcement2025/09/15 16:00
New spot margin trading pair — AVNT/USDT!
Bitget Announcement2025/09/15 09:50

Trending news

More
1
Bitget Onchain trading suspension for a 3-hour system upgrade
2
PoolX x Bitget Earn SWTCH promotion

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,408.61
-0.11%
Ethereum
Ethereum
ETH
$4,526.05
-2.37%
XRP
XRP
XRP
$2.99
-2.00%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$922.31
-0.95%
Solana
Solana
SOL
$235.53
-2.95%
USDC
USDC
USDC
$0.9999
-0.02%
Dogecoin
Dogecoin
DOGE
$0.2684
-4.03%
TRON
TRON
TRX
$0.3458
-1.37%
Cardano
Cardano
ADA
$0.8618
-3.57%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter