Trump may initiate a US Senate recess to bypass the review of the next US SEC chairman

Odaily Odaily reported that Gery Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), announced that he plans to resign on January 20, 2025. However, the candidate for the new chairman of the SEC will face the review of the U.S. Senate, because all members of the committee must be confirmed by the Senate. It is reported that Trump may try to bypass some appointment confirmation procedures through recess appointments, but this will require Congress to vote to recess, and Congress may be reluctant to do so unless the nominee is not controversial. (Cointelegra)