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Gary Gensler Resigns: Market Rejoices

President Trump’s Inauguration and SEC Leadership Change

  • President Trump will be inaugurated as the 47th President of the United States on January 20, 2025.
  • Gary Gensler, Chair of the Securities and Exchange Commission (SEC) under Joe Biden, is resigning.
  • The Financial Innovation and Technology for the 21st Century Act (FIT 21) was passed by the House.
  • The price of Bitcoin recently surpassed $100,000.
  • Paul Atkins is appointed as the next SEC Chair under President Trump.

On January 20, 2025, President Trump will be inaugurated as the U.S. President while Gary Gensler steps down as SEC Chair. The price of Bitcoin has exceeded $100,000 amidst these changes.

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