They want to Fire Gary Gensler
Majority Whip Emmer questions SEC Chair Gary Gensler at Financial Services Hearing
‘You’re Not Answering My Question’: GOP Senator Grills SEC Chair Gary Gensler On Bitcoin
2023
U.S. Chamber Letter on SEC Chair Gensler’s Upcoming Testimony to HFSC
This Hill letter was sent to the Members of the House Committee on Financial Services, on Securities and Exchange Commission Chair Gary Gensler’s upcoming testimony before the committee on April 18.
https://www.uschamber.com/finance/u-s-chamber-letter-on-sec-chair-genslers-upcoming-testimony
US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler
“U.S. capital markets must be protected from a tyrannical Chairman, including the current one,” Rep. Warren Davidson wrote in reference to SEC head Gary Gensler.
@WarrenDavidson is the congressman who just filed the SEC Stabilization Act that would result in Gary Gensler getting fired if passed.
US Congressman officially files bill to fire SEC Chair Gary Gensler, this comes just after recent news regarding the SEC and Coinbase / Binance.
Not only should Gensler be fired, he should be sued, & he should be
,investigated for his relationships with SBF/FTX
Caroline Ellison’s father Glenn Ellison, a professor at Massachusetts Institute of Technology. once worked with Gary Gensler SEC chairman at MIT.
2018 ETH is not the same ETH we have today by the move to Proof of Stake, and having a consensus layer made of validator who are expecting an earning, ETH is INDEED a security. Ether didn’t have staking and burn in 2018 and I think that’s the “rational” he’s using now to call it a security.
He is allowed to a) change his opinion and b) take on a different position as the head of the SEC.
Chair Gensler in 2018 at a Bloomberg conference in NYC:
“Bitcoin. Ether. Litecoin. Bitcoin Cash. Why did I name those four?
They’re not securities.”
What’s Goldman Gary going to say about this one?
Hillary Hates Cryptocurrency
Hillary Clinton Feels Bitcoin & Crypto Can Destabilize Currency Markets | TFTC Responds | 11/19/2021
Everyone Hates Elizabeth Warren’s Crypto Regulation Bill
“Unnecessary, overbroad, and unconstitutional.”
“The future of finance and the internet should not be left to a gerontocracy of regulators who appear to be on a personal crusade against crypto,” Rep. Ritchie Torres, a freshman congressman representing New York City, told Politico in an interview about the bill. “Congress, which has a new generation of legislators, should have the final word.”
Gary Gensler wants Janet Yellen’s Job
It’s a Turf War:
1) Gary calls everything is a Security except Bitcoin then he rules over cryptocurrency and the CFTC only gets Bitcoin
2) Gary does what the Biden White House wants
3) Gary gets Janet Yellen’s job as a reward.
4) Gary uses the revolving door from Goldman Sacks to Secretary of the Treasury that makes sure Wall street Banks control the now approved on and off ramps for buying and selling all cryptocurrency. Banks will be the authorized exchange makingmoney off every transaction and holding bitcoin for retail clients.
Gary Gensler, in his role as chairman of the Commodity Futures Trading Commission, was a leading player in the drafting and then implementation of the Dodd-Frank Act, the financial rules that President Barack Obama signed into law in 2010 in the wake of the worst financial crisis since the Great Depression.
Gary Gensler a former Goldman Sachs investment banker joined Goldman Sachs in 1979 in the Mergers & Acquisition Department. In 1984, he assumed responsibility for the firm’s efforts advising media companies and was elected a partner in 1988. Gensler was formerly chair of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market and served as the Clinton campaign’s chief financial officer. Gensler, He was also senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002), and was undersecretary of the Treasury for Domestic Finance and assistant secretary of the Treasury from 1997-2001. Crypto currencies have a potential to destroy the dollar and US hegemony.