{"id":595910,"date":"2024-11-08T10:28:41","date_gmt":"2024-11-08T10:28:41","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=595910"},"modified":"2024-11-08T10:28:41","modified_gmt":"2024-11-08T10:28:41","slug":"donald-trump-eyes-robinhoods-dan-gallagher-to-replace-sec-chair-gary-gensler","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/donald-trump-eyes-robinhoods-dan-gallagher-to-replace-sec-chair-gary-gensler","title":{"rendered":"Donald Trump Eyes Robinhood\u2019s Dan Gallagher To Replace SEC Chair Gary Gensler"},"content":{"rendered":"

The Donald Trump transition team is considering Dan Gallagher, Robinhood Markets’ chief legal and compliance officer, as a potential successor to Securities and Exchange Commission (SEC) chair Gary Gensler.<\/p>\n

Gallagher, a former Republican SEC commissioner under the Obama administration, is the leading candidate on Trump’s shortlist, according to a Nov.7 report by Reuters<\/span><\/a>.<\/span><\/p>\n

\"Trump<\/p>\n

Trump Promises To Fire Gary Gensler On “Day One” Of Presidency<\/span><\/h2>\n

Current SEC chair Gensler has led the regulator in a multi-year battle against US companies operating in the crypto industry, opting for a regulation-by-enforcement approach. That’s made him widely despised in the crypto industry.<\/span><\/p>\n

To win over crypto voters leading up to the US election, Trump <\/span>promised<\/span><\/a> to fire Gensler on his first day in office, and to appoint a new SEC chair who “will not block the future.”<\/span><\/p>\n

\n

BREAKING: Donald Trump to fire Gary Gensler and hire pro-Bitcoin administration. pic.twitter.com\/KxUYoBM65s<\/a><\/p>\n

— Jordan Harmon (@JordanHarmon) July 27, 2024<\/a><\/p><\/blockquote>\n