Mark Cuban says he wants Gary Gensler’s job as head of the SEC

Billionaire Mark Cuban recently said he’d consider accepting a position as the head of either the United States Securities and Exchange Commission (SEC) or the Department of Health and Human Services (HHS) if Kamala Harris were to win the presidency.

Cuban, known for being an outspoken finance mogul and cryptocurrency advocate, recently endorsed Harris over Trump in the upcoming 2024 US presidential elections. Among other factors, he cited her policies on the economy as one of the driving factors in his decision. 

Goodbye Gary, Hello Mark? 

During an interview with Fox News’s Neil Caputo, Cuban responded to a question about whether he’d serve in a Harris cabinet as the Secretary of the Treasury of Commerce:

“Head of the SEC. That’s the job I would take. Maybe HHS. But somebody needs to replace Gary Gensler.”

Cuban then went on to laud Harris’ recent commitment to advance technologies such as artificial intelligence. After prompting from Caputo, Cuban said Gensler was “awful, especially for crypto and all businesses.”

Given the context of the interview, it’s unclear whether Cuban is seriously considering a position in a potential Harris White House cabinet or if any discussions have been held with her campaign.

However, with Elon Musk purportedly considering joining a potential Donald Trump cabinet — as the head of a planned “Department of Government Efficiency” — the 2024 race has had no shortage of high-profile billionaires linking their fates to the US presidential election’s outcome.

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Cryptocurrency has played an increasing role in US politics and, as Cointelegraph recently reported, Kamala Harris has finally broken her silence on the subject.

The Democratic candidate says her administration will support digital assets and advancing blockchain technology, but she has so far made little mention of cryptocurrency specifically. 

Meanwhile, her opponent, Republican nominee and former US president Donald Trump and his son, Donald Trump Jr., recently launched World Liberty Financial, a DeFi business that’s received mixed reactions from both the crypto and political communities. 

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