Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.
Several former United States regulators and securities lawyers reportedly said Robinhood chief legal officer Dan Gallagher could be a contender for Republican presidential hopeful Donald Trump’s pick to lead the Securities and Exchange Commission (SEC) if he is victorious in November.
According to an Oct. 7 Politico report, one former SEC official said Gallagher would be a “natural choice” to chair the securities regulator under Trump. Gallagher served as an SEC commissioner from 2011 to 2015 and became the CLO at Robinhood in 2020.
In July, Trump claimed that if he were to defeat US Vice President Kamala Harris in November’s presidential election, he would fire SEC Chair Gary Gensler “on day one.” As of October, many polls showed the Republican candidate neck and neck with Harris nationwide and in crucial battleground states.
