The Latest Breaking News from Mark Uyeda

U.S. President Donald Trump has designated new acting chairs for the SEC and CFTC in Mark Uyeda and Caroline Pham respectively – both of which are known for their criticism of enforcement-first crypto regulatory actions.

The crypto community is in high spirits after Donald Trump formally nominated Paul Atkins to lead the SEC after Gary Gensler steps down in January – many believe he will bring a much-needed revamp to the agency that has become a nemesis of digital assets under Gensler.

Gensler oversaw a turbulent time for the Securities and Exchange Commission as it battled with crypto firms and Wall Street.

Uyeda signaled that SEC chair Gary Gensler's time is nearing its end.

While Trump in July promised to fire Gensler on day one of his second administration, he technically can’t remove Gensler (without cause) until his term ends in 2026.

While the SEC approved Bitcoin ETF trading, the confusion right before the announcement shows disagreements within around the decision.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.