Sources familiar with the matter: Harris team is considering two candidates to replace SEC Chairman Gary Gensler
According to two sources familiar with the matter, Kamala Harris' transition team is reviewing candidates to replace Gary Gensler as chairman of the Securities and Exchange Commission (SEC). Two possible replacements are Chris Brummer, a professor at Georgetown University Law Center, and Erica Williams, chair of the Public Company Accounting Oversight Board (PCAOB), who are said to have a more optimistic attitude towards cryptocurrencies such as Bitcoin than Gensler.
Harris has not publicly or privately committed to replacing Gensler, and it is unclear how seriously she is considering Brummer, Williams, or other potential candidates. Currently, due to Harris' short candidacy period and other pending policy issues, her team is more focused on the election. One source said, "It's not clear who the front-runner is right now. Harris' campaign team is worried that if they show too much enthusiasm for cryptocurrency before the election, they will lose the votes of progressive voters who see cryptocurrency as a 'scam,' and they won't gain any actual new voters."
A spokesperson for Harris' transition team said, "The transition team will not make any personnel selections before the election. Instead, we are focused on building the necessary infrastructure to prepare for the inauguration."
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.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








