Speculation Rises Around Gensler’s Departure and New SEC Leadership
Speculation is growing that SEC Chair Gary Gensler may resign ahead of President-elect Trump’s inauguration, with Trump pledging to remove him on day one.
Gensler’s recent speech, interpreted by some as a farewell address, has fueled rumors that he could step down as early as January. Potential successors being discussed include Paul Atkins, Dan Gallagher, and Brad Bondi, each seen as bringing different regulatory approaches, especially regarding cryptocurrency.
As the SEC’s leadership hangs in the balance, cryptocurrency advocates are hopeful for a shift toward more pro-crypto policies. SEC Commissioner Hester Peirce, known as “Crypto Mom,” has been a popular choice, but reports indicate she is not interested in the role. The uncertain future of the SEC leaves crypto policy at a pivotal crossroads.
Clever Robot News Desk 18th November 2024
