SEC chairman announces resignation (2024)
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| • What is ESG? • Enacted ESG legislation • Arguments for and against ESG • Opposition to ESG • Federal ESG rules • ESG legislation tracker • Economy and Society: Ballotpedia's weekly ESG newsletter |
What’s the story?
SEC Chairman Gary Gensler announced Nov. 21 that he will leave his position effective Jan. 20, 2025, at the end of Joe Biden’s (D) presidency. Trump will name his replacement.
Why does it matter?
Gensler promoted policies supportive of ESG investing as chairman, including a set of rules requiring climate-related corporate disclosures. Most commentators believe Trump’s replacement will likely oppose ESG and overturn corporate climate reporting requirements.
Read more
According to Pensions & Investments:
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President-elect Donald Trump is mulling a wide range of candidates to replace Gary Gensler as SEC chair, sources said. The potential list of people to lead the securities regulator in a second Trump administration features professionals from both inside and outside the Washington Beltway, but sources predict any Trump nominee will have a much different governing style than Gensler, with less of a focus on climate risks and ESG and a more friendly approach to the cryptocurrency industry.[1] |
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See also
- Environmental, social, and corporate governance (ESG)
- Economy and Society: Ballotpedia's ESG newsletter
External links
Footnotes
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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