To be clear: Gensler has not officially announced his resignation at the time of writing. However, Gensler’s use of the past tense regarding his job comes after President Elect Donald Trump promised to “fire Gary Gensler on day one” at a Nashville Bitcoin conference in July.
Markus Thielen, CEO of crypto research firm 10x Research, told Decrypt earlier this year that SEC chairs have historically resigned following the election of a new administration, such as at the start of the Obama or Biden administrations.