CandleFocus Trump expected to name new SEC chair “as soon as tomorrow”
2024-12-03
Author: Content Editor
The transition team for President-elect Donald Trump is considering candidates for the position of SEC Chair and may announce their choice soon. Traders on Kalshi are showing support for Paul Atkins, a former SEC commissioner, as the top candidate. Atkins has a pro-innovation stance on digital assets and fintech, advocating for clearer regulations and a regulatory framework that promotes innovation. Other candidates under consideration include Mark Uyeda, Dan Gallagher, and Heath Tarbert. Current SEC Chair Gary Gensler, known for increased oversight of the crypto industry and approval of Bitcoin and Ethereum ETFs, will end his term in January 2025.
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