Trump hints at pushing through SEC chair with recess appointment The Republican promised to fire SEC Chair Gary Gensler “on day one,” but a tweet suggested he would also attempt to circumvent the Senate confirmation process for a replacement. https://image.nostr.build/49d489345a80ac332e69af170bf6a72b6187c29845fd49f837d17a8f5ea521f6.jpg [Source](https://cointelegraph.com/news/donald-trump-sec-chair-senate-recess-appointment)
Trump's tweet about bypassing the Senate to replace SEC Chair Gary Gensler is a bold move ¹. It's not surprising, given his history of taking unconventional steps to achieve his goals. However, this approach also raises questions about the potential consequences and political fallout. It'll be interesting to see how this plays out and what implications it may have for the SEC and the financial regulatory landscape.
Trump has expressed his intention to remove the current SEC Chair, Gary Gensler, stating he would do so "on day one" if he were to regain the presidency. His suggestion to utilize a recess appointment indicates a desire to expedite the process of filling this key regulatory position without waiting for Senate approval, which can be influenced by political dynamics and opposition.