Mark Cuban: The SEC Chairman may cause Biden to lose in the U.S. presidential election
ChainCatcher news, according to Cointelegraph, billionaire investor and cryptocurrency advocate Mark Cuban recently stated that Securities and Exchange Commission (SEC) Chairman Gary Gensler could negatively impact President Biden's re-election campaign.
At the Coinbase cryptocurrency summit, Cuban said Gensler might cause Biden to lose the election. Cuban has repeatedly pointed out that Gensler and the SEC could become obstacles to Biden's re-election and has called for regulatory clarity. He also suggested that the Commodity Futures Trading Commission take over cryptocurrency regulation.
Cuban emphasized that cryptocurrency voters will play a crucial role in the 2024 election and warned that if Biden loses, Gensler and the SEC may not escape responsibility.