Cynthia Lummis, the Senator from Wyoming, has made a noteworthy assertion regarding the future of Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC). During a recent appearance on CNBC’s Squawk Box, Lummis expressed skepticism about Gensler’s longevity in this pivotal role, suggesting that he may step down next year. This remark comes on the heels of the assertion made by the program’s hosts that Gensler enjoys his position and wishes to remain in it. Lummis countered this belief by indicating that the likelihood of his departure could be influenced profoundly by the political landscape, particularly if Donald Trump secures the presidency once again.
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