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2 Comments
tldr; Major Democratic donors are pressuring Kamala Harris’ team to consider replacing FTC Chair Lina Khan and SEC Head Gary Gensler, citing concerns over their regulatory approaches. Donors argue Khan’s actions are hindering the tech sector and economy, while Gensler’s stance on digital assets and perceived attitude towards Wall Street have also drawn criticism. This puts Harris in a difficult position, balancing donor interests with the progressive wing’s support for Khan and Gensler’s regulatory efforts. The discussions highlight the tension between political influence and regulatory independence.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Neither Kamala, nor Trump care for anything other than the White House. Journos will bend any press release and combine it with keywords to secure clicks and views. It is all noise. Focus on the signal we should.