Donald Trump Eyes Robinhood’s Dan Gallagher To Replace SEC Chair Gary Gensler
The Donald Trump transition team is considering Dan Gallagher, Robinhood Markets’ chief legal and compliance officer, as a potential successor to Securities and Exchange Commission (SEC) chair Gary Gensler. Gallagher, a former Republican SEC commissioner under the Obama administration, is the leading candidate on Trump’s shortlist, according to a Nov.7 report by Reuters . Trump Promises To Fire Gary Gensler On “Day One” Of Presidency Current SEC chair Gensler has led the regulator in a multi-year battle against US companies operating in the crypto industry, opting for a regulation-by-enforcement approach. That’s made him widely despised in the crypto industry. To win over crypto voters leading up to the US election, Trump promised to fire Gensler on his first day in office, and to appoint a new SEC chair who “will not block the future.” BREAKING: Donald Trump to fire Gary Gensler and hire pro-Bitcoin administration. pic.twitter.com/KxUYo...