CoinVoice has recently learned that Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation (FDIC), resigned in May amid an investigation into the agency's toxic workplace culture. However, Gruenberg has stated that he will continue to serve until a successor is appointed and confirmed. The Trump administration is preparing to loosen regulations on the FDIC to some extent, which has intensified scrutiny of banks following the regional banking crisis in 2023. For instance, the agency has indicated it would take a more stringent approach to examining transactions of banks of a certain size.
Trump's administration's top priority is to oust SEC Chairman Gary Gensler, who has stated he would fire him on his first day in office. One of Trump's allies considering a replacement for Gensler is Dan Gallagher, the Chief Legal Officer of Robinhood, who previously served as an SEC commissioner.
Other candidates include Christopher Giancarlo, former Chairman of the Commodity Futures Trading Commission (CFTC) and senior advisor at Willkie Farr & Gallagher law firm, and Dalia Blass, a partner at Sullivan & Cromwell law firm. [Original link]