SEC Chair Gary Gensler will step down from his position on Jan. 20, paving the way for President-elect Donald Trump to nominate a new head of financial markets regulation.

Gary Gensler will step down as chair of the U.S. Securities & Exchange Commission at noon on Inauguration Day, the agency announced on Thursday. From a report: Gensler has had an aggressive tenure, marked by controversial rulemaking and a combative approach with the cryptocurrency industry....

Gary Gensler, SEC chair, has announced his resignation, effective January 20, 2025

After leading the SEC's crackdown on the crypto industry, Gary Gensler will depart on January 20 as Donald Trump begins his term.

SEC Chair Gary Gensler's resignation announcement was met with a sigh of relief on Crypto Twitter, alongside a slew of mocking memes.

Donald Trump's transition team is reportedly exploring creating a "crypto czar" role to oversee digital asset policy, with former CFTC Chairman Chris Giancarlo emerging as a top contender

President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to Wall Street and cryptocurrencies.

In what sounded awfully close to a farewell speech, Gensler made only passing reference to his most controversial disclosure rule, on climate change.