The president nominates the SEC chair, and can fire him. This explains how, written just before Trump assumed power: While he can't force Gensler to step down

The president nominates the SEC chair, and can fire him. This explains how, written just before Trump assumed power: While he can't force Gensler to step down as a commissioner at the U.S. Securities and Exchange Commission, he can name a new interim SEC chair as soon as he's inaugurated on Jan. 20. He can also nominate a new commissioner to the Senate, which has to confirm the pick. https://www.coindesk.com/policy/2024/11/07/heres-how-quickly-gary-gensler-could-lose-his-sec-chair-gig-under-trump https://www.coindesk.com/policy/2024/11/07/heres-how-quickly... And Gensler resigned as Chair as soon as Jan 20th: https://www.sec.gov/newsroom/press-releases/2025-29 https://www.sec.gov/newsroom/press-releases/2025-29