Gensler’s SEC Exit Planned for January 2025 as Replacement Search Begins 🇺🇸

Gary Gensler is set to resign as the Chair of the Securities and Exchange Commission (SEC) on January 20, 2025. This coincides with the inauguration of Donald Trump, following his election victory. The search for Gensler's replacement has begun, with several top contenders already in view.

Potential candidates to succeed Gensler include current SEC Commissioners Hester Peirce and Mark Uyeda. Peirce has been a vocal proponent of clear regulations in the cryptocurrency space, while Uyeda is renowned for his expertise in financial regulations.

Other notable names being considered for the position are Robinhood’s Chief Legal Officer Dan Gallagher, former CFTC Chair Chris Giancarlo, and former Binance.US CEO Brian Brooks. Both Gallagher and Giancarlo have publicly addressed their thoughts on regulatory frameworks and have prior experience in influential regulatory roles.