Cathie Wood proposes to weaken the power of the SEC and FTC, and Elon Musk praises it

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ODAILY
11-11
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Odaily Planet Daily Report: Cathie Wood, the founder of Ark Invest, posted on stating that the United States should relax regulations and weaken the influence of institutions such as the U.S. Securities and Exchange Commission (SEC) and the U.S. Federal Trade Commission (FTC). Reduce government spending to make room for the private sector. Implement tax cuts and focus on technological innovation. This could drive the U.S. economy more forcefully than the "Reagan Revolution" era. Elon Musk reposted the post and called these proposals "Great".

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