Billionaire Donors Push Kamala Harris to Replace Key Regulators
Wealthy backers express frustration with FTC Chair Lina Khan and SEC Chairman Gary Gensler, urging changes if Harris wins presidency.
- Donors argue Khan's aggressive antitrust stance is harming economic growth and business activities.
- Gensler faces criticism for his tough regulatory approach, especially towards the digital asset industry.
- Harris finds herself in a difficult position, balancing donor demands and progressive party expectations.
- Khan's term at the FTC is set to expire soon, but she could remain in office until a new chair is confirmed.
- Some donors worry that public calls for changes may complicate Harris' campaign strategy.