Who’s in line to replace Gary Gensler at the SEC?
During his speech at Bitcoin 2024, incoming US President Donald Trump promised to fire Gary Gensler as Chairman of the Securities and Exchange Commission (SEC). “On day one, I will fire Gary Gensler and appoint a new SEC Chairman,” he declared to uproarious applause. “I didn’t know he was that unpopular. Let me say it again. On day one, I will fire Gary Gensler.” Although there are some formalities to removing Gensler from office without showing cause — including the possibility of a legal challenge by the SEC itself — his resignation or involuntary departure seems likely at some point during 2025. With Howard Lutnick co-chairing Trump’s presidential transition team and making recommendations for his replacement, several rumors have circulated about potential contenders . Here are some popular guesses for candidates who might earn Trump’s endorsement to lead the SEC. Trump win opens door to many pro-crypto government appointments Read m...