This prediction is based on the historical pattern of SEC chairs resigning when a new administration takes office.
Gensler’s Potential Resignation Linked to Presidential Transition
Thielen’s analysis, published on July 21, suggests that Gensler’s resignation is almost a certainty. This is if former President Donald Trump wins the upcoming election and is inaugurated in January 2025. Thielen argues that the departure of President Joe Biden from the race increases the likelihood of a Trump victory. This would lead to significant changes at the SEC.
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More About SEC’s Prediction
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However, this prediction is not without dissent. Other industry commentators have expressed skepticism about the certainty of Gensler’s early resignation. Some argue that the SEC Chair’s term is generally expected to last until its official end date unless there are compelling reasons for an early departure.
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