President-elect Trump’s pick to replace SEC Chair Gary Gensler may be announced on Wednesday, December 4.
Pro-crypto candidates, including Paul Atkins and Dan Gallagher, are leading contenders for the role.
The crypto industry expects clearer regulation under the new SEC leadership.
Fox Business correspondent Eleanor Terrett reported that President-elect Donald Trump plans to announce his pick to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC) tomorrow, December 4, 2024.
This announcement is highly anticipated within the crypto community, as Gensler’s tenure at the SEC has been contentious. His approach, often seen as aggressive, has included filing lawsuits against major crypto players. Notably, Gensler announced his resignation last week, which will take effect on January 25.
Trump’s pick for the new SEC Chair is closely watched by both financial markets and the crypto community. The move is expected to reshape the regulatory landscape, offering clearer guidelines for the crypto industry. Notably, Trump promised to appoint a pro-crypto SEC chairman.
Who Could Be the Next SEC Chair?
Several names have been flo…
The post SEC Chair Watch: Trump to Name Gensler’s Replacement December 4 appeared first on Coin Edition.
