According to BlockBeats, on November 16, FOX Business reporter Eleanor Terrett posted on social media that although it is still unknown who Trump will choose to helm the SEC, the possibility of Gary Gensler voluntarily resigning before the end of his term (expiring in 2026) is increasing. The current rumor in Washington, DC circles is that he may announce after Thanksgiving that he intends to resign in early January, before Trump's inauguration.