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SEC chair Gary Gensler will step down
- deleted 2y ago[deleted]
- tripplyons 2y agoHis term would have lasted until 2026. Trump already said he wanted to fire him, but the process for firing the SEC chair isn't as easy as some other positions: https://fortune.com/crypto/2024/08/06/trump-says-he-would-fire-sec-chair-gary-gensler-on-day-one-its-not-that-easy/ https://fortune.com/crypto/2024/08/06/trump-says-he-would-fi...
- walterbell 2y agohttps://decrypt.co/290718/who-is-most-likely-to-replace-gary-gensler-after-trump-win https://decrypt.co/290718/who-is-most-likely-to-replace-gary... > potential Gensler replacements.. includes Hester Peirce and Mark Uyeda, both SEC commissioners; Dan Gallagher, Robinhood’s chief counsel; former chairman of the U.S. Commodity Futures Trading Commission, Chris Giancarlo; and former Binance.US CEO Brian Brooks.
- aaronrobinson 2y agoCan’t imagine his job would have been much fun in a pro crypto environment. That he’s goes as Trump arrives is no coincidence.
- xiphias2 2y agoIt will be much more fun and he is more than capable of doing it, he just has burned too many bridges.
- LatteLazy 2y agoThis is likely good news for everyone. If you're pro-crypto, gensler is the guy who had it in for your whole industry and acted dishonesty to achieve his goals. If you're anti, he's the guy who totally failed to deliver on those anti crypto promises and wasted enormous amounts of time and money losing cases against everyone (whilst conveniently ignoring actual frauds).
- deleted 2y ago[deleted]
- burnt-resistor 2y agoSounds like complying in advance.