US Representative: SEC Commissioner Hester Peirce may become the new acting chairman of the SEC

Republican SEC Commissioner Hester Peirce is likely to become the new acting chairman of the US Securities and Exchange Commission (SEC), according to US Congressman French Hill, who revealed the news at the North American Blockchain Summit (NABS). Hill pointed out that current chairman Gary Gensler will step down on January 20, 2025, and the Republican Party will take over the SEC, with Peirce expected to succeed him.

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