Gary Gensler Says He'll Leave SEC When Trump Takes Office

[mahatmakanejeeves]

Source: The Wall Street Journal.

1 hour ago

Gary Gensler Says He’ll Leave SEC When Trump Takes Office

By Dave Michaels, Reporter
https://twitter.com/davidamichaels
[e-mail]
https://www.linkedin.com/in/damichaels/

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SEC Chairman Gary Gensler (Jeenah Moon/Bloomberg News)

Securities and Exchange Commission Chair Gary Gensler will step down as Wall Street’s top regulator at the very end of the Biden administration, he announced Thursday.

Gensler has been coy about when he planned to leave the SEC but was expected to depart before President-elect Donald Trump is sworn into office. He will serve through noon on January 20, when Trump is set to become president.

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Read more: https://www.wsj.com/livecoverage/stock-market-today-nvidia-dow-sp500-nasdaq-live-11-21-2024/card/gary-gensler-says-he-ll-leave-sec-when-trump-takes-office-NogtF1pxNOP9C2Pw3ZS9

[mdbl]

1. Dump will have no problem replacing him with someone completely unethical and unqualified