Odaily Planet Daily reported that more than a dozen former senior regulators, lobbyists and securities lawyers said that if Donald Trump regains the presidency, Robinhood Chief Legal Officer Dan Gallagher will become a candidate for chairman of the U.S. Securities and Exchange Commission (SEC) people. It's unclear whether Gallagher wants to leave Robinhood. Gallagher said he loves his job and "I'm honored to be mentioned when discussing who will be the next SEC chairman." But there is no doubt that Gallagher has clear dissent with the SEC's direction. He said that if he had been chairman for the past few years, there would have been tailor-made rules that would have provided crypto exchanges and brokers with “at least a basic registration system” as the industry has long sought. the way". Even so, Gallagher believes legislation is still needed. Gallagher, a former SEC commissioner, was known for his affability and political skills. Other potential SEC chair candidates circulating on Wall Street under the Trump administration include former Commodity Futures Trading Commission chairman Chris Giancarlo, former SEC general counsel Robert Stebbins, current partner at law firm Willkie Farr & Gallagher and current SEC Commissioner Hester Peirce. However, for some Republicans, Gallagher's availability as chairman has always been a matter of when, not if, the report said.