SEC Chair Gary Gensler Gives His Exit Interview 01/14/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 14 January 2025

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Four business days before he resigns on Inauguration Day, SEC Chair Gary Gensler reflects on his tenure at the agency, his relationship with the crypto community, and his legacy for investors across asset classes. In his exit interview before the SEC transitions to new leadership in a new administration, Gensler discusses legitimacy for various tokens on the blockchain, as well as the future of financial regulation. Plus, China is reportedly considering selling US TikTok to Elon Musk, and European regulators are eyeing big tech (again), and Starbucks is closing an open-door policy. Gary Gensler - 16:35 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:03.0	This is Squawk Pod, and I'm CNVC producer Cameron Costa.
0:09.0	On today's episode, an exit interview.
0:13.0	Gary Gensler is set to resign as SEC chair next week after an eventful tenure and much ado about crypto regulation.
0:21.6	These other thousands of projects need to show their use case and show that they actually
0:28.6	have fundamentals underlying them, or they won't persist.
0:32.6	How Gensler views his own legacy at the SEC, including climate disclosures, treasuries regulation,
0:39.8	and infamously, Bitcoin.
0:42.3	You love it.
0:43.3	You don't like those other coins.
0:44.3	I've never owned any of these, and I've been consistent for seven or eight years.
0:49.3	Plus the rest of today's news that got us squawking.
0:53.3	European regulators, eyeing big tech, China, considering the rest of today's news that got us squawking. European regulators, eyeing Big Tech, China considering the sale of TikTok to who else?
1:00.3	Elon Musk.
1:01.3	What do we think as Americans that the Chinese would be willing to sell it to Elon Musk?
1:06.5	And Starbucks closing an open-door policy.
1:09.6	There was the naked guy in the Starbucks right across the street here.
1:12.4	It's a naked guy this morning.
1:13.7	What?
1:15.1	It's Tuesday, January 14th, 2025, and SquawkPod begins right now.
1:22.1	Stand Becky by in three, two, one.
1:24.9	Cure, please.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.