There are several new candidates who could potentially become the next chair of the SEC.
United States President Joe Biden appointed Gary Gensler as the chairman of the Securities and Exchange Commission on April 17, 2021, with his term set to expire on Jan. 5, 2026.
However, Gensler’s direct interventions in the US crypto industry, coupled with a lack of clear regulatory guidelines, may jeopardize his position.
Former President and Republican candidate Donald Trump has made his intentions clear, stating he will fire Gary Gensler “on day one” if elected, as declared at the 2024 Bitcoin Nashville conference.
