U.S. Congressman: SEC Chairman should resign in 2025

ChainCatcher news, according to Decrypt, U.S. Congressman French Hill (R-AR) stated in an interview with the Thinking Crypto podcast that the SEC should have new leadership next year, regardless of which party controls the White House.

Hill criticized SEC Chairman Gary Gensler's regulatory policies, calling them unconstitutional and an abuse of power, and suggested implementing exemption policies for emerging industries like cryptocurrency.

Ripple Labs CEO Brad Garlinghouse also predicted that Gensler would leave after the upcoming presidential election, regardless of the election outcome.