meta_pixel
Tapesearch Logo
Log in
Unchained

Why Gary Gensler Will Likely Be Out as SEC Chair No Matter Who Wins the Election - Ep. 680

Unchained

Laura Shin

News, Tech News, Business News

4.51.3K Ratings

🗓️ 30 July 2024

⏱️ 92 minutes

🧾️ Download transcript

Summary

As the 2024 elections approach, crypto voters are a real bloc that could be a deciding factor in what looks to be a tight race. In this episode, Sheila Warren of the Crypto Council for Innovation and Justin Slaughter from Paradigm discuss the significance of Trump appearing at Bitcoin 2024, promising the crypto community pretty much everything on its bucket list, the Democrats’ seeming pro-crypto shift behind the scenes, and the game theory around Gary Gensler’s future (likely not at the SEC). Plus, they cover the significance (and likelihood of passing) of the Bitcoin Strategic Reserve Bill proposed and to be introduced by Sen. Cynthia Lummis, what would it take for Kamala Harris to show that she truly is a crypto-friendly candidate, and what the Democrats would have to do to undo the damage done by Gensler and win some of the crypto vote. Lastly, they explore the potential impact on the SEC of the Supreme Court’s decision to overturn the Chevron doctrine. Show highlights: 00:00 Intro 02:08 The significance of a US Presidential candidate, Trump, embracing Bitcoin 04:59 What Justin’s and Sheila’s takes are on the Democrats' sudden shift towards embracing a pro-crypto agenda and whether they can catch up 15:03 The key factor in Trump's shift from giving crypto platitudes to making substantive promises that top the crypto community’s wish list 20:21 How significant crypto could be in influencing the election, particularly in swing states 23:52 Whether Trump would even be able to fire Gary Gensler as SEC Chair, as he has promised 33:23 How the dynamics between Elizabeth Warren and Kamala Harris differ from the relationship Warren has with Biden 42:48 What could happen with the SEC Commissioner if Harris wins the presidency 50:34 The meaning of the Strategic Bitcoin Reserve in the US 57:55 How JD Vance's status as a Bitcoin owner could influence crypto voters and whether Harris could pick a pro-crypto VP 1:05:43 The chances the Democratic Party adopts a crypto plank, and what it might include 1:09:9 Whether there’s a chance a crypto bill could be passed this year 1:14:49 How the Supreme Court's recent decision to limit agency power by overturning the Chevron doctrine could impact the SEC's approach to crypto regulation 1:20:45 How Harris can establish a new stance on crypto while distancing herself from Biden's administration, without appearing disloyal Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Polkadot Guests: Sheila Warren, CEO of Crypto Council for Innovation (CCI) Justin Slaughter, Policy Director at Paradigm Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

No one since Donald Trump made the second Gary Gensler is saying it would be a tragedy if Gary

0:06.5

Ginsler was more stepped out.

0:08.5

The silence there is definite because it's that old story right, you know, if you're not at the table you're on the menu.

0:15.0

When everybody else is saying I want him gone and no one is saying you can't do that,

0:20.0

it's very hard to stay. Hi everyone, welcome to Unchained, your no-high resource for all things crypto.

0:30.0

I'm your host Laura Shin, author of the cryptopians. I started covering crypto nine years ago and as the senior editor

0:35.9

Forbes was the first Machia Mee reporter to cover cryptocurrency full-time. This is the July 30th

0:40.7

2024 episode of Unchained.

0:43.0

Pocodot is the original and leading Layer Zero blockchain with over 2,000 plus developers.

0:48.0

And the Pocodot 2.0 upgrade will be a massive accelerator for the ecosystem,

0:52.0

making it faster, more secure, and adaptable,

0:55.8

perfect for GameFi and Defi to build, grow, and scale.

0:59.7

Join the community at Pocodot. Network slash ecosystem slash community.

1:04.7

Today's topic is crypto as an election issue here to discuss our Sheila Warren

1:10.8

CEO of crypto counsel for innovation,

1:13.3

and Justin Slaughter, the policy director of paradigm.

1:15.6

Welcome, Sheila and Justin.

1:17.1

Thanks, Laura.

1:17.9

So good to be back.

1:19.0

Thanks, Laura, good to be here.

1:20.5

We are coming off a historic weekend in which former President Donald J. Trump addressed an audience at

1:28.3

Bitcoin 2024 and pledged numerous things to court the crypto vote,

...

Please login to see the full transcript.

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

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

Copyright © Tapesearch 2025.