Trump may keep Gensler at SEC, delaying crypto regulation relief, potentially negative for market.

From Investing.com

September 03, 2024 06:11:37 AM:

Former President Donald Trump targets SEC Chair Gary Gensler as the crypto industry’s villain, vowing to fire him. However, Gensler may remain commissioner until late 2026, potentially delaying regulatory relief. Democrats hold a 3-2 majority, ensuring control beyond 2024. If Gensler stays, GOP struggles to gain a majority, stalling crypto policy changes.

Read more at Investing.com: Trump win could keep Gensler at SEC, delaying crypto regulation relief By Investing.com