Odaily Planet Daily News: Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation (FDIC), resigned in May this year amid investigations into the agency's toxic workplace culture. However, Gruenberg stated that he would continue to serve until a successor is appointed and confirmed. The Trump administration is preparing to loosen regulations on the FDIC to some extent, which has tightened its scrutiny of banks following the regional bank crisis in 2023. For example, the agency has indicated it will impose stricter scrutiny on transactions involving banks of a certain size. A top priority for the Trump administration is to oust SEC Chairman Gary Gensler, who has stated he would fire him on his first day in office. One of the candidates considered by Trump's allies to replace Gensler is Dan Gallagher, Chief Legal Officer of Robinhood, who previously served as an SEC Commissioner. Other candidates include former CFTC Chairman J. Christopher Giancarlo, now a senior advisor at Willkie Farr & Gallagher law firm, and Dalia Blass, a partner at Sullivan & Cromwell law firm. (Jinshi)

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