On Thursday, U.S. Securities and Exchange Commission Chair Gary Gensler announced on X that he would step down from his position on Jan. 20, the date of President-elect Trump’s inauguration, marking the end of a turbulent tenure for the top regulator.
Since entering office in April 2021, Gensler has battled with industry groups across Wall Street, pursuing an aggressive campaign of rule-making and enforcement actions that often put him at odds with the companies his agency was overseeing.
