Mark Cuban As Treasury Secretary? No, ‘Head Of The SEC’ Is The Job He’d Take Because Gary Gensler Has Been ‘Awful’ For Crypto, Businesses
Posted On September 26, 2024
Billionaire entrepreneur Mark Cuban has voiced his interest in becoming the next Chair of the U.S. Securities and Exchange Commission (SEC), expressing dissatisfaction with the current SEC leadership, especially in its handling of cryptocurrencies and business regulations.
What Happened: “Head of the SEC. That’s the job I would take,” Cuban said, in an interview with Fox News, emphasizing his desire to replace the current Chair, Gary Gensler.
Cuban’s criticism centers on the regulatory agency’s approach to crypto, which he describes as “awful.” He believes the current SEC policies are stifling business growth, particularly in the crypto sector.
“We’ve seen the number of public companies …