Major Democratic donors on Wall Street are increasingly advocating for Kamala Harris to replace top regulators Lina Khan and Gary Gensler to ease tensions in the technology and financial sectors.
Private conversations have intensified regarding Lina Khan’s future at the FTC, with influential donors arguing her regulatory stance is detrimental to business activities and economic growth.
Gensler, whose SEC chairmanship has been marked by calls for stricter regulations, faces discontent from both Democratic and Republican donors due to his perceived condescending communication style.
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