Democrats are also uncomfortable with Gary Gensler: "Fire"

After Donald Trump pledged to fire Gary Gensler if he won the election, it turned out that the Democrats were also uncomfortable with the head of the SEC. Some Democratic Party donors allegedly disturbed by the administrations of Gary Gensler and FTC chairman Lina Khan and conveyed a request to the Kamala Harris team to dismiss these two names if the election was won.

While the US elections to be held in early November were of close concern to the financial markets, it turned out that Wall Street and Silicon Valley's donors who supported the Democratic Party, Kamala Harris, were also dissatisfied with the two major regulators.

Democrats' billion-dollar donors are not at all satisfied with the regulatory service of US Securities and Exchange Commission (SEC) chairman Gary Gensler and Federal Trade Commission (FTC) chairman Lina Khan, Bloomberg reported from US media reports.

It is claimed that the donors who contacted the group that led the Harris campaign requested the replacement of these two names if the election was won.

It was known that Khan, the president of the donors, FTC, brought strict rules to the market to protect competition after taking his seat.

In the news, it was written that Gensler, whose term of office continued until 2026, prevailed by the idea that he disrupted the technology industry and seriously underestimated Wall Street.