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Gary Gensler might resign from the presidency of the SEC at the end of this month

By Jennifer Maldonado- 18th of November, 2024

Gary Gensler might resign from the presidency of the SEC at the end of this month

The possible resignation of Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), has begun to generate intense debate in the financial and cryptocurrency arenas.

According to recent revelations from Fox Business, Gary Gensler might be preparing to announce his resignation after Thanksgiving, which is celebrated in the United States on November 28th.

The journalist from the American television channel, Eleanor Terrett, stated that several sources have reported that Gensler will announce his resignation after the national holiday and that he may not complete his term as commissioner of the agency, which ends in January 2026. These rumors have gained traction after Gensler delivered a speech in New York, where he seemed to hint at his departure from the federal agency.

Source: X – @EleanorTerrett

As reported by this outlet, Gensler's speech included reflections on his management at the head of the SEC, his role in the regulation of cryptocurrencies, and even in the approval of futures and spot ETFs for the two main cryptocurrencies in the market: Bitcoin and Ethereum.

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That reflective speech was interpreted by many as a farewell from his position, which has generated greater speculation about the impact of his departure and the future regulation of the cryptocurrency industry in the country.

Gensler is considering leaving his position at the SEC

Reports indicate that Gensler, who has been at the helm of the SEC since April 2021 and has been a polarizing figure in the world of cryptocurrencies, might leave the agency before the taking of