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Reading: Breaking News: If Trump Wins, Crypto Giant Manager May Become SEC Chairman
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EdaFace Newsfeed > Latest News > Regulations, Law & Policy > Breaking News: If Trump Wins, Crypto Giant Manager May Become SEC Chairman
Regulations, Law & Policy

Breaking News: If Trump Wins, Crypto Giant Manager May Become SEC Chairman

vitalclick
Last updated: October 7, 2024 3:32 pm
1 year ago
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Republican Presidential candidate Donald Trump said in recent weeks that he would fire the SEC Chairman as soon as he took office. Trump, who opposed Gensler for his negative approach towards cryptocurrencies, has such authority, and debates are growing about who he will appoint in his place.

New SEC Chairman

whose term of office will end in 2026 gentes If Harris wins, she will likely take another government post and resign. But if Trump wins, he will be fired in November. Before the US elections to be held next month, an explosive claim was made by POLITICO. Accordingly Donald Trump when you take office SEC It considers Robinhood Chief Legal Officer as its President.

The platform, which also offers exchange services for cryptocurrencies, can also end the negative attitude towards crypto. The final report includes the following details;

“Robinhood Chief Legal Officer Dan Gallagher is emerging as a leading candidate to head the Securities and Exchange Commission if Donald Trump wins the presidency, according to a dozen former top regulators, lobbyists and securities lawyers.”

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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