If Trump is elected president, he may need to continue working with the chairman of the SEC
ChainCatcher news, according to Blockworks, former President Trump claims to be a pro-crypto candidate and plans to end the "anti-crypto campaign" within an hour of taking office, but his team remains silent on specific policies.
It is reported that current SEC Chairman Gary Gensler's term lasts until 2026, and Trump cannot immediately remove him from office. The president can only dismiss SEC commissioners for "inefficiency, neglect of duty, or misconduct." Current President Biden has nominated Caroline Crenshaw for reappointment as SEC commissioner, with the Senate expected to vote next month. Trump became the first former president to be convicted of a felony last month and is facing multiple charges.
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