Donald Trump To Fire SEC Chair Gary Gensler On Day 1
At the Bitcoin Conference 2024, Donald Trump announced his plan to fire SEC Chair Gary Gensler on his first day in office. This declaration has sparked significant discussions among crypto enthusiasts and event attendees, highlighting Trump’s aggressive stance on reshaping crypto regulations. In addition, he also reiterated his bullish stance on Bitcoin, fueling market interest.
Donald Trump Confirms To Fire SEC Chair Gary Gensler
Trump’s speech at the Bitcoin Conference 2024 resonated with many in the crypto community. He criticized the US SEC for targeting Bitcoin, citing its financial freedom from government overreach. Trump vowed to end the “anti-crypto crusade” and promised to halt the “persecution and weaponization” against digital assets.
He said, “The day I take office, the anti-crypto crusade, persecution, and weaponization will stop.” In addition, he confirmed that he would be firing the SEC Chair Gary Gensler on the first day in office if elected. Besides, he also said that would be appointing a new SEC chair.
Meanwhile, Trump expressed his intention to appoint an SEC Chairman who supports innovation and America’s future in the digital asset space. He emphasized, “I’d appoint a new SEC Chairman who believes in building America and not blocking the future.” Criticizing Kamala Harris, Trump claimed she wanted Gensler as Treasury Secretary and described her as a “low IQ individual” opposed to crypto.
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