Robinhood’s legal chief, Dan Gallagher, is reportedly one of the top picks to head the SEC under Trump, who promised to fire its current chair “on day one.”
Donald Trump’s transition team is reportedly considering adding Robinhood Markets’ legal boss to a shortlist of candidates to take charge of the Securities and Exchange Commission, which could see them present him as an option to the United States President-elect.
Dan Gallagher, Robinhood’s chief legal, compliance, and corporate affairs officer who was a Republican SEC commissioner from 2011 to 2015 under the Obama Administration, is currently the Trump team’s frontrunner to replace SEC Chair Gary Gensler, Reuters reported on Nov. 7, citing people with knowledge of the matter.
Conversations are still ongoing, and also on the list is Paul Atkins, another former GOP SEC commissioner who was on Trump’s 2016 transition team and a prospect for the role at the time, along with law firm Willkie Farr & Gallagher partner Robert Stebbins, who was the agency’s general counsel during Trump’s first run as president.
