Gary Gensler acknowledges political pressure from the crypto industry and other sectors, but still defends SEC regulation

Odaily News U.S. SEC Chairman Gary Gensler recently spoke at a financial technology conference in Las Vegas, reaffirming his commitment to continue working at the SEC during his tenure and defending its law enforcement and regulatory measures. With the November 5 election approaching, he acknowledged that there is political pressure, especially from the cryptocurrency industry, saying: "Democracy has consequences, but we will continue to do what we are good at at the SEC until the referee blows the whistle." As the election approaches, both Republicans and Democrats have expressed dissatisfaction with Gensler. Trump vowed to fire him on his first day in office, and some cryptocurrency industry figures who support Vice President Harris have also expressed support for his removal under a possible new administration. (Bitcoin.com)