Senator Cynthia Lummis, a Republican from Wyoming known for her pro-crypto stance, believes that SEC Chair Gary Gensler may step down if Donald Trump wins the 2024 presidential election. "I'm less certain of what will happen if Kamala Harris wins," Lummis added. Gensler, a former Goldman Sachs executive, has been a controversial figure in the crypto industry. He has taken a tough stance on digital assets, calling them "Wild West" investments. He has also been criticized for his handling of the FTX collapse. If Gensler resigns, it would be a major blow to the SEC's efforts to regulate the crypto industry. It could also lead to a more favorable regulatory environment for cryptocurrencies. Only time will tell whether Lummis's prediction comes true. But it is clear that the future of crypto regulation is uncertain.