According to Odaily, 10x Research has released a report indicating that a crypto-friendly government is likely to take office following President Biden's decision not to seek re-election. Historically, this transition often results in the resignation of the SEC Chairman when a new administration is elected. Although SEC Chairman Gary Gensler's term is set to end on June 5, 2026, the report suggests he is most likely to resign in January or February of 2025.