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Foreign media: Trump promises to fire SEC chairperson on first day in office or faces legal obstacles

On August 7th, former President Donald Trump said that if re-elected, he will fire Securities Exchange Commission (SEC) Chairperson Gary Gensler on his first day in office. However, experts point out that this action is not easy to achieve. The president cannot directly fire the SEC chairperson because the SEC is an independent agency, and the appointment and removal of the chairperson need to go through a complex legal process.