Donald Trump

Joe Biden

Gary

Markus Thielen, founder of 10x Research, said a Trump presidency would spell disaster for Gensler and his role as head of the SEC.
<h2 id="10x-research-founder-markus-thielen-says-gary-gensler-will-resign-in-2025">10x Research Founder Markus Thielen Says Gary Gensler Will Resign in 2025</h2>
10X Research founder Markus Thielen predicts that United States Securities and Exchange Commission Chairman Gary Gensler will resign within the first two months of 2025 after President Joe Biden completes his term in the White House.
SEC Chairman usually resigns when a new administration is elected, Thielen said, adding that Trump's election would spell disaster for Gensler's role at the head of the institution.
Thielen cited current President Joe Biden's sudden decision to give up his candidacy as an almost certainty that Trump will be sworn in as president in November. However, other industry commentators disagreed.
Related News: <a href="https://en.bitcoinsistemi.com/attention-new-week-has-plenty-of-economic-developments-and-altcoin-events-heres-a-day-by-day-hour-by-hour-list/" target="_blank" rel="noopener noreferrer nofollow">Attention: New Week Has Plenty of Economic Developments and Altcoin Events - Here's a Day-by-Day, Hour-by-Hour List</a>
With Joe Biden withdrawing from the US Presidential race, no credible candidate can seriously challenge Donald Trump. The November election appears to have been decided without a single vote being cast. “For Bitcoin, a pro-crypto administration will enter the White House.”
“Although SEC Chairman Gensler's term ends on June 5, 2026, he will likely resign by January/February 2025,” Thielen wrote.
In February, Trump vice presidential candidate J.D. Vance criticized Gensler as the worst person to regulate crypto assets and said he had a backward and over-politicized approach to crypto policy.
Additionally, Thielen noted a number of bullish catalysts for the crypto market in the coming weeks, saying that “numerous reports and rumors” point to Trump making a surprise announcement at the Bitcoin conference in Tennessee on July 25.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/is-the-end-near-for-sec-chairman-gary-gensler-will-donald-trump-resign-if-elected-president-here-are-the-details/" rel="noopener noreferrer nofollow">Is the End Near for SEC Chairman Gary Gensler? Will Donald Trump Resign If Elected President? Here are the Details</a>

Is the End Near for SEC Chairman Gary Gensler? Will Donald Trump Resign If Elected President? Here are the Details

Зміст

Bitcoin Sistemi EN

Інші статті, опубліковані 22 лип. 2024 р.

Musk’s ‘Laser Eyes’ Profile Picture Sparks Bitcoin Speculation

5 must-know updates in the crypto market right now

Hacker Transfers Stolen Funds in WazirX Attack

What's Going On With Coinbase Shares Today?

Gate Exchange Stops New Account Registrations for Japanese Residents

Manta Network Integrates with Nubit to Enhance Modular Layer 2 Scalability

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!