Harris team identifies potential replacements for SEC chair, Gary Gensler

Vice President Kamala Harris is reportedly eying two possible candidates to replace Gary Gensler as chair of the Securities Exchange Commission (SEC).

According to Unchained’s report, the Harris transition team already has candidates like Georgetown Law professor Chris Brummer and Chair of the Public Company Accounting Oversight Board (PCAOB) Erica Williams, as possible replacements for Gensler, according to two sources close to the deliberations.

The two candidates are reportedly said to have more favorable views on crypto than Gensler, who during his period has passed some controversial judgments and went after some of the biggest crypto exchanges in the US.

This is a developing story