The U.S. Securities and Exchange Commission (SEC) is offering a buyout of $50,000 to eligible employees who leave the agency by April 4. This move is part of the Trump Administration's effort to overhaul the SEC and fulfill campaign promises to the crypto industry. SEC Chief Operating Officer Ken Johnson announced the buyouts, which require employees to transfer to another federal agency, resign, or retire. The SEC has faced financial pressures and cost-cutting measures in recent years. This initiative aligns with the Trump Administration's aggressive cost-cutting agenda led by Elon Musk's Department of Government Efficiency. The effectiveness of these cost-cutting measures has not been substantiated.



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