President-elect Trump will soon have the authority to remove the SEC chair, but the process would require cause, and any permanent replacement would need Senate approval. Gensler’s term is scheduled to end in 2026.
With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.
https://cointelegraph.com/news/crypto-firms-push-sec-changes-crypto-out-courts
President-elect Trump will soon have the authority to remove the SEC chair, but the process would require cause, and any permanent replacement would need Senate approval. Gensler’s term is scheduled to end in 2026.
No replies yet.