SEC Chairman Gary Gensler has announced that he will be stepping down from his role of horrors on January 20th, 2025, which is the same day President-elect Donald Trump will be taking back the White House. He said:
“The SEC is a remarkable agency. The staff & the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, & ensuring that the markets work for investors & issuers alike. The staff comprises true public servants.”
Crypto markets are already reacting positively to the news as Gary has been the industry’s public enemy number one. The pro-crypto Trump had already promised to kick him out on Day One, so this is Gary taking the hint and choosing to exit with the tiny bit of dignity he has left.
This is a developing story
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