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Gary Gensler’s PR stunts can’t hide how he botched crypto regulation


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Members of both parties are onto his game, but it’s too soon to count Gensler out. He has the support of the powerful Sen. Elizabeth Warren (D-Mass.) and her progressive acolytes, and high-placed connections from his days at Goldman Sachs and as the CFO for Hillary Clinton’s presidential campaign. Still, it feels like just a matter of time until Gensler is forced out and the White House appoints someone to do the job he was supposed to do: create a regulatory framework that, in the case of crypto, protects retail investors and allows good actors to build innovative crypto and blockchain companies on American shores.

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