President-elect Donald Trump is expected to select a new chair of the Securities and Exchange Commission in the coming days. His team is asking the crypto industry to weigh in on potential picks, according to sources who claim to be close to proceedings.
Last week, Gensler announced that he would resign from his office on January 20, the day of Trump’s inauguration. Representatives of the industry in which Gensler has become so maligned are now helping to pick out his successor, sources tell WIRED. The promise of an SEC overhaul was one of many made to the crypto industry by Trump on the campaign trail.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Industry Celebrates Pro-Crypto Congress, Secures Unprecedented InfluenceCrypto executives, investors, and advocates view the recent election as a major victory for the industry, with pro-crypto political action committees (PACs) and related groups raising over $245 million. Nearly 300 lawmakers who support cryptocurrency are set to take seats in the House and Senate, giving the sector unprecedented influence over legislative decisions.
Source: CNBC - 🏆 12. / 72 Read more »
Former Music Industry Professional Finds Purpose Helping LA's HomelessTai Harris, a former music industry worker, transitioned to a career helping Los Angeles' unhoused population at a local nonprofit. She rapidly rose through the ranks, becoming an associate director focused on housing the unhoused, but recently decided to return to school to further her knowledge.
Source: LAist - 🏆 606. / 51 Read more »
Crypto Industry's $40 Million Defeat of Pro-Worker Sherrod Brown Called 'Obscene'Jake Johnson is a senior editor and staff writer for Common Dreams.
Source: commondreams - 🏆 530. / 51 Read more »