Gensler took over the SEC in 2021, and under his leadership the commission has taken an ambitious but controversial approach to several regulatory issues, including cryptocurrencies. In addition to Gensler's soon-to-be vacant seat,

The former investment banker never shies from a fight, yet has said he’ll resign from his SEC chair post the same day Donald Trump begins his regulation-slashing presidency.

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies, will step down from his post on January 20. Gensler pushed for changes that he said protected for investors,