There is a good chance that Gary Gensler, the SEC Chairman, will step down soon.

According to sources from President Trump’s team, the new SEC Chairman will tend to be pro-crypto. In addition, the Trump administration is also considering giving the CFTC (Commodity Futures and Futures Commission) more responsibility for regulating crypto, so who will become the next CFTC Chairman is equally important.

Source: X @ EleanorTerrett