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<ul><li>Harris may appoint SEC Chair Gensler as Treasury Secretary, stirring debate in political and crypto circles.</li><li>GOP opposes Gensler’s potential Treasury role, citing his aggressive actions against crypto firms under the SEC.</li><li>Gensler’s nomination faces uncertainty despite strong Democratic support and ongoing internal debates.</li></ul><p>A recent <a href="https://washingtonreporter.news/editorial/scoop-kamala-harris-likely-to-nominate-gary-gensler-as-treasury-secretary-if-elected-senate-sources/" rel="noopener noreferrer nofollow">report</a> from the Washington Reporter has stirred significant debate within the political and cryptocurrency spheres. Multiple senior Senate staffers suggest Vice President Kamala Harris may consider appointing SEC Chair Gary Gensler as U.S. Treasury Secretary. This would occur if she ascended to the presidency.</p><h2 id="header-0">Harris’s Crypto Stance Under Scrutiny</h2><p>The report, citing unnamed Senate insiders, has raised concerns that Harris might backtrack on her earlier promises to foster a more favorable environment for crypto assets. The speculation around Gensler, who has been involved in numerous legal actions against crypto firms, has sparked controversy.</p><h2 id="header-1">Grand Old Party Unites Against Gensler Nomination</h2><p>Republican lawmakers have swiftly voiced their disapproval. Representative Tom Emmer, a prominent critic of Gensler, has warned against such an appointment. Emmer highlighted Gensler’s track record at the SEC, arguing that his aggressive legal actions against crypto companies have largely failed to produce significant victories. He emphasized that Gensler’s nomination could face unified opposition from Republicans, potentially leading to a contentious confirmation battle in the Senate.</p><p><a href="https://cryptotale.org/harris-eyes-gensler-for-treasury-sparking-crypto-debate/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a></p><p><strong>Visit the links for more information </strong><a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|</p>

Harris Eyes Gensler for Treasury, Sparking Crypto Debate

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