SEC Commissioner Mark Uyeda Named Acting Chair of the Agency

SEC Commissioner Uyeda Named Interim Agency Head Under Trump

SEC Commissioner Mark Uyeda will serve as the agency’s acting chair until President Donald Trump installs a permanent head.

The Republican’s appointment became effective Monday, according to official documents signed by Trump in the first hours of his second presidency. At the same time, Uyeda was named by Trump on an interim basis among 14 other temporary or official agency heads.[…]

The SEC is unlikely to adopt big rules or roll back old ones until another Republican joins the agency. Caroline Crenshaw, the SEC’s lone Democratic commissioner, effectively holds a veto over agency rulemaking. She’s joined by Republican Commissioner Hester Peirce, who has advocated for more lax rules around cyptocurrency.

Long-Standing Crypto Cases Are Winding Down Before Trump Takeover

Digital Currency Group and its subsidiary Genesis Global Capital settled Securities and Exchange Commission charges on Friday — the latest in a slew of crypto firms to do so as US regulators appear to clear their slates in the waining days of the Biden administration.

Agencies including the Commodity Futures Trading Commission, Justice Department and the SEC have announced various settlements, charges or resolutions in at least six cases involving digital assets in the last week, according to a tally compiled by Bloomberg.

C.E.O.s, and President Trump, Want Workers Back in the Office

On Monday, President Trump signed an executive order requiring federal department heads to “terminate remote work arrangements” and require all federal workers to return to in-person work five days a week. He previewed the move in December when he said those federal workers who refused to go into the office were “going to be dismissed.”