Donald Trump May Announce SEC Chair Pick Tomorrow: Report
Posted On December 3, 2024
President-elect Donald Trump is reportedly close to announcing his choice for the new chair of the Securities and Exchange Commission (SEC), with an official announcement potentially coming as early as tomorrow.
What Happened: According to sources cited by Fox Business correspondent Eleanor Terrett, the decision comes as current SEC Chair Gary Gensler prepares to step down in January 2025.
Gensler’s tenure has been marked by an aggressive enforcement approach toward cryptocurrency firms, drawing significant criticism from the crypto community.
Among the leading candidates to replace Gensler is Paul Atkins, a former SEC commissioner and a prominent advocate …