US Securities and Exchange Commission Chair Gary Gensler has not announced he will leave the commission, nor has Donald Trump suggested a possible replacement.
With no announcement yet from the incoming Trump administration, crypto users are speculating who the Republican will nominate as the next chair of the United States Securities and Exchange Commission, one of the crucial regulators for digital assets.
As of Nov. 18, President-elect Donald Trump had not announced a potential pick to replace SEC Chair Gary Gensler, whom he promised to fire “on day one” after taking office on Jan. 20. Gensler, nominated by US President Joe Biden and confirmed by the Senate in 2021, has not said he would voluntarily step down as SEC chair for the incoming administration.
According to the prediction platform Kalshi, the majority of users speculated that Dan Gallagher, Robinhood’s chief legal, compliance and corporate affairs officer, would take the reins from Gensler starting in January. However, roughly 14% of users bet on former SEC Commissioner Paul Atkins and 11% on former acting Comptroller of the Currency Brian Brooks.
