Resignation of Gary Gensler and Candidates for the Position of SEC Chair

The current head of the Commission, Gary Gensler, has decided to voluntarily resign on January 20, 2025, the day of Trump's inauguration. The recently elected president promised to dismiss him.

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Also this week, information emerged about new contenders for the SEC chair position. These include Brian Brooks, a board member of the HBAR Foundation, and attorney Teresa Gudi Guillen. The latter is a co-leader of the blockchain division of the firm BakerHostetler. Both of these options were positively received in the community.