If Trump wins, he plans to replace key financial regulators, potentially shifting control to Republicans.

If Donald Trump wins the November 5 election, he plans to revamp U.S. financial regulators. On his first day, he aims to replace SEC Chair Gary Gensler and CFPB Director Rohit Chopra, while also potentially changing leadership at the CFTC and the Office of the Comptroller of the Currency. These moves could shift control to Republicans, impacting agency decisions and rule-making. Trump would gain significant influence over the financial regulatory landscape starting January 20, 2025.

October 10, 2024
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