Wu said that Fox Business reporter Eleanor Terrett tweeted that Trump's choice for SEC chairman is still unknown, but Gary Gensler seems increasingly likely to resign and choose not to complete his term as commissioner. Washington sources rumored that Gary is likely to announce his intention to leave after Thanksgiving before Trump's inauguration in early January. As for who will replace Gary, former CFTC Chairman Chris Giancarlo has refuted rumors of his nomination, but Robinhood Chief Legal Officer Dan Gallagher, Willkie partner Bob Stebbins, former SEC Commissioner Paul Atkins and lawyer Brad Bondi are still on the candidate list.

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