Odaily Planet Daily News Trump hinted that he would bypass the Senate's confirmation process to appoint members of his administration, which also seems to include replacing SEC Chairman Gary Gensler. Trump recently posted that only he has the right to choose which US Senator will serve as Senate Majority Leader starting when the new Congress is sworn in in January 2025. He hopes that potential majority leaders will agree to suspend appointments to bypass the confirmation process and allow officials to "immediately" take up positions of authority, rather than accepting that under the US Constitution, the President "has the power to fill all vacancies that may occur during the Senate recess by granting commissions whose terms will expire at the end of the next session." During his first term, this power allowed Trump to appoint individuals who may not have been approved by the Senate. Recess appointments are intended to be temporary, not a substitute for Senate approval. US President Biden nominated Gensler as an SEC commissioner in 2021, and the Senate approved the appointment by 54 votes to 45, with a term until June 2026. During Trump's first term, he went through the constitutional process of appointing SEC commissioners, but also attempted to circumvent the Republican-controlled Senate and appoint the U.S. Attorney General during recess. It is unclear whether Trump's nominee for SEC chairman will receive enough votes to pass Senate confirmation, or whether he intends to formally nominate anyone for any position and rely entirely on recess appointments. As of the time of publication, Trump has not publicly nominated any possible successors to Gensler. (Cointelegraph)

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