CandleFocus Who’s in line to replace Gary Gensler at the SEC?
2024-11-07
Author: Content Editor
During his speech at Bitcoin 2024, incoming US President Donald Trump promised to fire Gary Gensler as Chairman of the Securities and Exchange Commission (SEC). Trump plans to appoint a new SEC Chairman on day one of his presidency. Some potential candidates for the position include Hester Peirce, a current SEC Commissioner known for her pro-crypto stance, Brian Brooks, former Acting Comptroller of the Currency and executive in the crypto industry, Christopher Giancarlo and Heath Tarbert, both ex-Chairmen of the Commodity Futures Trading Commission (CFTC), and Daniel Gallagher, Chief Legal Officer at Robinhood. These candidates are seen as more crypto-friendly than Gensler, who has an anti-crypto stance. While Trump's intentions to replace Gensler are clear, the process for removing him from his position remains uncertain.
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