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Salon
Salon
Politics
Natalie Chandler

UNBELIEVABLE: Sec chair gary gensler stepping down - The Untold Story

Gary Gensler SEC Donald Trump CNBC Crypto Environment Grayscale

Securities and Exchange Commission Chair Gary Gensler plans to resign on Jan. 20, a decision that paves the way for President-elect Donald Trump to reshape the agency into a more favorable environment for crypto and Wall Street. 

Gensler, a nominee of President Joe Biden who began his role in April 2021, led an agency that cracked down on cryptocurrencies and other regulatory issues. His resignation, announced on Thursday, allows Trump to select a replacement immediately. 

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