Post
Topic
Board Legal
Re: SEC Chair Gensler may resign by early 2025
by
pakhitheboss
on 28/07/2024, 14:22:45 UTC
Politicians talk and promise a lot before elections. In Russia, many promises are forgotten after the elections. American colleagues said that it is the same in America.

In Russia, if the president says what is necessary, the law will be passed by the State Duma in a few days, but in the U.S. it does not work that way Smiley

I mean, if Trump wins the election, by the time he starts working, the US crypto market will already be divided between the big companies I wrote about above. And Trump will have to reckon with their opinion and their lobbyists.


It is common that all politicians in the world will make promises but tend to forget them when they are in power. This time it is looking different as yesterday at the Bitcoin 2024 conference he pledged to remove the current SEC chairman if he becomes the next US President. Mainstream crypto media outlets are covering this statement extensively: Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected. That might be the reason why already there is speculation that the current SEC chairman may resign by early 2025.