{"id":22469,"date":"2024-11-21T18:29:51","date_gmt":"2024-11-21T18:29:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22469"},"modified":"2024-11-21T18:29:51","modified_gmt":"2024-11-21T18:29:51","slug":"sec-chairman-gary-gensler-confirms-he-will-step-down-in-january","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22469","title":{"rendered":"SEC Chairman Gary Gensler Confirms He Will Step Down In January"},"content":{"rendered":"<p><span>Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), confirmed on Thursday that he will be stepping down from his role starting in January.\u00a0<\/span><\/p>\n<p><span>Gensler confirmed the news in an <\/span><a href=\"https:\/\/x.com\/GaryGensler\/status\/1859658192298574096\" target=\"_blank\" rel=\"noopener\"><span>announcement<\/span><\/a><span> on Twitter and a post to the SEC\u2019s website, saying it had been an \u201chonor of a lifetime\u201d to \u201censure that our capital markets remain the best in the world.\u201d<\/span><br \/>\n<span>\u201cI thank President Biden for entrusting me with this incredible responsibility,\u201d Gensler added. \u201cThe SEC has met our mission and enforced the law without fear or favor.\u201d\u00a0<\/span><br \/>\n<span>Gensler was highly unpopular among the crypto community for his long list of enforcement actions against the industry\u2019s leaders, and unwillingness to encourage more accommodating rules for the new asset class.\u00a0<\/span><br \/>\n<span>Donald Trump promised to fire Gensler in July, and has since been elected the 47th U.S. President.\u00a0<\/span><br \/>\n<span>Bitcoin rose to $98,200 following Gensler\u2019s announcement.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/sec-chairman-gary-gensler-confirms-he-will-step-down-in-january\/\">SEC Chairman Gary Gensler Confirms He Will Step Down In January<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gary Gensler, the current chairman of the U.S. Securities and Exchange Commission (SEC), confirmed on Thursday that he will be stepping down from his role starting in January.\u00a0 Gensler confirmed the news in an announcement on Twitter and a post to the SEC\u2019s website, saying it had been an \u201chonor of a lifetime\u201d to \u201censure [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":22470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22469"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22469"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22469\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22470"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}