Former SEC Chairman Gary Gensler Speaks Out for the First Time After His Resignation! Evaluated the US Economy and the Cryptocurrency Industry!

Former U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler appeared exclusively on CNBC's Squawk Box to slam President Donald Trump's aggressive trading tactics toward China.

Calling the administration's wide-ranging tariff policy "self-injuring," Gensler warned that the confrontational approach could destabilize markets and undermine long-term diplomatic efforts.

Gensler's remarks come at a time when Florida Senator Rick Scott is pushing the SEC to delist Chinese companies from U.S. stock exchanges, citing national security concerns. In his first public interview after leaving office, Gensler assessed the geopolitical and economic repercussions of rising trade tensions and outlined his concerns about the current administration's strategy.

"Implementing an all-encompassing strategy, trying to do it with 150 or 200 countries, and doing it in such an aggressive and jarring way in one go, is like scoring an own goal, injuring yourself," Gensler said.

Gensler said that while past negotiations with China have been difficult, they have been successful thanks to consistency, dignity and private dialogue. Gensler, who led talks with Chinese financial regulators during his tenure, said the inconsistency in U.S. policy has emboldened China to delay engagement, believing that only time is on its side.

The former SEC chairman also underscored the broader market impact of Trump's policy uncertainty.

"Real instability for businesses is influencing investment decisions," Gensler said, adding, "Companies are pulling back, and there's growing instability in the equity and U.S. bond markets."

When asked about the effectiveness of building trade alliances to pressure China, Gensler acknowledged the importance of working with allies but questioned the feasibility of rapid, comprehensive global negotiations.

"Trying to renegotiate with dozens of countries in 90 days is a heavy task," he said, adding: "Meanwhile, China is watching closely."

In the wide-ranging interview, Gensler also briefly touched on the future of the cryptocurrency industry and artificial intelligence. While he didn't go deep into the details, he acknowledged that both sectors will play an increasingly vital role in shaping the future of markets and regulations.