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Trump may initiate a US Senate recess to bypass the next SEC Chairman's review

2024-11-22 13:58

Odaily Planet Daily News: Gery Gensler, the Chairman of the US Securities and Exchange Commission (SEC), announced his intention to resign on January 20, 2025. However, the candidate for the new chairman of the SEC will face review by the US Senate, as all committee members must be confirmed by the Senate. Trump stated that he will attempt to bypass some appointment confirmation procedures through recess appointments. However, this will require Congress to vote to adjourn, and Congress may not be willing to do so unless the nominator is uncontested. (Cointelegra)

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