• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Potential Resignation of SEC Chair Gary Gensler

user avatar

by Giorgi Kostiuk

5 months ago


Donald Trump's victory could trigger significant changes at the U.S. Securities and Exchange Commission (SEC). Analysts predict a potential resignation of SEC Chair Gary Gensler.

Patterns of Presidential Transitions

Markus Thielen, CEO of 10x Research, noted a historical trend where SEC chairmen typically resign when a new president takes office. This allows the incoming president to appoint a chairman aligned with their policy goals. Thielen cited examples like Jay Clayton's resignation before President Biden's inauguration and Mary Jo White's departure on President Trump's inauguration day. If this pattern holds, Thielen anticipates that current SEC Chair Gary Gensler may resign after a December or January presidential inauguration, allowing a successor to be appointed and potentially confirmed by spring 2024.

Gensler’s Contentious Tenure

Since his appointment in 2021 by President Joe Biden, SEC Chair Gary Gensler has taken a hardline stance on cryptocurrency. His tenure is marked by aggressive efforts to enforce U.S. securities laws on crypto companies, leading to significant regulatory actions against major industry players like Coinbase and Binance.

Congressman criticizes Gary Gensler, calling him the most destructive in SEC's historyNone

Crypto Regulation Under Trump’s Influence

Donald Trump has openly declared his intention to reform the SEC’s crypto policies. He stated that he would fire Gensler, promising a fresh start for crypto startups in America. Thielen suggests that if Trump follows through, a new SEC chair might support crypto innovation over strict compliance. Although Gensler's term is due to last until 2026, Thielen believes a Trump administration could expedite his departure.

As political dynamics shift, the potential for a new SEC chairman could mark a turning point in U.S. cryptocurrency regulation. Whether Gensler resigns or remains, the coming months will shape the future of crypto policy in America.

0

Share

Other news

Revolut Warns of WhatsApp Scams Averaging £2,437 in Loss

Revolut's report reveals average WhatsApp scam losses in the UK at £2,437. Cybercrime is on the rise.

user avatarGiorgi Kostiuk

a few seconds ago

Bitcoin's Dominance Grows as Price Stabilizes at $84K

Bitcoin's price fluctuated but stabilized at $84K, dominance in the crypto market increased.

user avatarGiorgi Kostiuk

8 minutes ago

Strengthening Governance: Uniswap DAO's $113M Delegate Incentive Plan

Uniswap DAO enhances decentralized governance with a $113M delegate incentive plan.

user avatarGiorgi Kostiuk

8 minutes ago

Gold Prices Hit Record $3,177 Due to Tariff Strains

Gold prices have surged to $3,177 amid concerns over global tariffs.

user avatarGiorgi Kostiuk

9 minutes ago

Top Meme Coins: Arctic Pablo Coin, Pudgy Penguins, and Melania Meme

Overview of emerging projects Arctic Pablo Coin, Pudgy Penguins, and Official Melania Meme, their strategies and market impact.

user avatarGiorgi Kostiuk

9 minutes ago

Binance's Adjustments Lead to $3.79M $ACT Liquidation

Binance adjustments caused $3.79M $ACT liquidation, spurring a 50% price drop

user avatarGiorgi Kostiuk

11 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.