Deep Tide TechFlow News, on November 8, according to Cointelegraph, Robinhood's legal chief Dan Gallagher is considered one of the top contenders to lead the U.S. Securities and Exchange Commission (SEC) under the Trump administration. Trump has promised to fire the current SEC Chair Gary Gensler 'on the first day' of his presidency.
Insiders reveal that Gallagher served as a Republican commissioner at the SEC from 2011 to 2015 and is currently the frontrunner to succeed as SEC Chair under Trump. Other potential candidates include Paul Atkins and Robert Stebbins.
Trump has pledged to remove Gensler during his presidential term, having faced criticism for his tough stance on cryptocurrencies in recent years.
