Former SEC Chief Gary Gensler’s Private Pro-Crypto Stance Revealed
Patrick McHenry, former chair of the U.S. House Committee on Financial Services, disclosed on May 14 that ex-SEC chief Gary Gensler held privately favorable views on cryptocurrency, contrary to his public anti-crypto stance. McHenry suggested Gensler’s public position was shaped by Senate politics and his regulatory role.
Analysts highlight the potential for such discrepancies to influence regulatory frameworks. Greater alignment between private beliefs and public actions could foster clearer regulations, advancing technological innovation and bolstering market confidence.