Key Takeaways:
- Dan Gallagher, Robinhood’s Chief Legal Officer and former SEC commissioner, is seen as a potential SEC chair pick under a Trump administration.
- Other candidates floated for the SEC chair role include Chris Giancarlo, Robert Stebbins, and Hester Peirce, known for her pro-crypto stance.
- Trump has pledged to fire current SEC Chair Gary Gensler if re-elected, while Kamala Harris may consider retaining Gensler or seek new leadership for the role.
Dan Gallagher, Robinhood’s chief legal officer and former SEC commissioner, is seen as a potential pick for SEC chair if Donald Trump wins the 2024 election.
Gallagher, who served as an SEC commissioner from 2011 to 2015, is regarded as a “natural choice” by former officials, according to an Oct. 7 report.
JUST IN: 🇺🇸 Robinhood Chief Legal Officer Dan Gallagher is a leading contender for SEC Chair if Donald Trump wins the election — Politico 👀 pic.twitter.com/kRxj5VmhFx
— Bitcoin Magazine (@BitcoinMagazine) October 7, 2024
Trump has vowed to remove current SEC chair Gary Gensler on “day one” if elected.
Other candidates for the role include Chris Giancarlo, former CFTC chair, Robert Stebbins, former SEC General Counsel, and Hester Peirce, a current SEC commissioner known for her pro-crypto views.
The Trump campaign has yet to announce cabinet positions, although Trump has dismissed rumors about JPMorgan CEO Jamie Dimon and BlackRock CEO Larry Fink being considered for Treasury Secretary.
He has hinted that Elon Musk could be part of his administration.
On the Democratic side, Kamala Harris, if elected, might support digital assets and could retain or replace Gensler as SEC chair.
Mark Cuban has expressed interest in leading the SEC under a Harris administration.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
Check Efe out on:
