Kamala Harris Wants SEC Chair Gary Gensler for Treasury Secretary
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Kamala Harris is thinking about making Gary Gensler the next Treasury Secretary if she wins the 2024 election. The same Gary Gensler whoâs been SEC Chairman and has had crypto firms feeling like theyâre walking on eggshells.Â
Word on the street, according to some senior Senate staffers, is that Kamala is pretty serious about this, and you can bet your bottom dollar Republicans will lose their minds.
 Republicans are not here for thisRepresentative Tom Emmer from Minnesota, a guy whoâs made it pretty clear heâs not Genslerâs biggest fan, had some choice words. He straight-up said,Â
âGary Gensler needs to move on. His career in government should be over.âEmmer added that Genslerâs been throwing lawsuits around like confetti at a parade but isnât really winning any of them.Other Republican Senate staffers are prepared for a fight if Kamala actually puts Genslerâs name out there.
Theyâre talking about coming together to block this nomination. Why? Because they believe Genslerâs appointment could mess with the economy, especially if he brings his current vibes over to the Treasury.Democrats might back him⊠maybeThere are a few Democrats who might have his back.
People like Elissa Slotkin from Michigan and Ruben Gallego from Arizona. These folks have some interesting ties to the crypto industry, thanks to support from groups like Fairshake PAC.
But theyâve both been pretty anti-crypto in Congress. So, whether theyâll support Gensler is still up in the air.Meanwhile, the rumor mill is buzzing that Gensler could pull a fast one before the election even happens.
Some think he might step down from the SEC, letting Joe Biden appoint a new chairperson
