Gary Gensler, the current Chair of the Securities and Exchange Commission (SEC), is likely to be fired by President-elect Donald Trump, according to many in the crypto industry. This decision would mark a significant change in the direction of the crypto sector in the United States and end President Joe Biden and Kamala Harris’ anti-crypto crusade.
Potential replacements for Gensler include Hester Peirce and Mark Uyeda, both SEC commissioners; Dan Gallagher, Robinhood’s chief counsel; former chairman of the U.S. Commodity Futures Trading Commission, Chris Giancarlo; and former Binance.US CEO Brian Brooks.
