Gary Gensler to leave role as SEC chairman

Quick Summary:

Donald Trump revealed plans to sack Mr Gensler on "day one" of his new administration.

The regulator has been investigating Mr Musk for potential fraud involving his 2022 purchase of social media platform Twitter, which he later renamed X.

The president-elect is also reported to be considering appointing a presidential adviser focused solely on the crypto industry.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Industry Crypto Been President-elect Gensler Trump Administration Musk Financial Head

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 05:27:54 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 758 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23792238

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 2 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 12 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +0:00

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Publisher ID: #43

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