Speculation on SEC and FTC Changes if Harris Becomes President

Speculation is rising about potential changes in key regulatory positions if Kamala Harris becomes the next U.S. President. Concerns are being raised about whether Harris would replace Lina Khan, the current FTC Chair, due to donor pressure. The law firm advising Harris on transition issues represents Amazon in its fight against the FTC’s lawsuit and has previously sought Khan's recusal from matters involving the company. Additionally, there are discussions about whether Gary Gensler, the current SEC Chair, would remain in his position. Harris has reportedly reassured finance executives that she could appoint new officials to the SEC and FTC who would adopt a less aggressive stance than Gensler and Khan. However, during a recent meeting with the Teamsters, Harris declined to commit to keeping Khan in place at the FTC. This was discussed on “Crypto & Policy”.