The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement.
United States President-Elect Donald Trump has suggested he would bypass the Senate confirmation process for appointments in his administration, seemingly including a replacement for Securities and Exchange Commission (SEC) Chair Gary Gensler.
In a Nov. 10 X post, Trump suggested that he alone had the authority to choose which US Senator would be the majority leader in the chamber starting in January 2025 when the new Congress will be sworn into office. According to the Republican, he wanted potential majority leaders to agree to recess appointments to bypass the confirmation process and get people in positions of authority “immediately” rather than going through questioning and scrutiny from lawmakers.
Source: Donald Trump
