Odaily Planet Daily News: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler announced plans to resign on January 20, 2025. However, the new nominee for the U.S. Securities and Exchange Commission chairman will face scrutiny from the U.S. Senate, as all commission members must be confirmed by the Senate. It is reported that Trump may attempt to bypass some confirmation procedures through recess appointments; however, this would require Congress to vote on recess, and unless the nominee is uncontroversial, Congress may be unwilling to do so. (Cointelegra)