President-Elect Donald Trump’s team is thinking about who should be in charge of important finance departments. They want people who are good at law and know about finance. They might choose Dan Gallagher, Robinhood’s lawyer, to be the head of a group that watches over companies. Some people think this could change how the group works with cryptocurrencies.
There are other people being thought about for this job too. Trump also wants to make it easier for banks to follow rules. He might pick people like Michelle Bowman to help with this. People are waiting to hear who will be chosen for these important jobs.
