Trump Expected to Announce SEC Chair Successor Soon

  Donald Trump may announce his pick for the next SEC chair soon, fulfilling his campaign promise to oust Gary Gensler, who will resign on January 20. Gensler's tenure was marked by a tough stance on cryptocurrency and aggressive regulation, leading to tensions with companies like Binance.
Trump's potential candidates include former SEC Commissioner Paul Atkins and Robinhood’s Dan Gallagher. The new chair is expected to adopt a pro-crypto approach, raising questions about their independence versus following Trump's directives