On October 22nd, it was reported that the current US SEC Chairperson Gary Gensler's mandate is scheduled to expire on January 5, 2026. Generally speaking, if the opposition party wins the White House, the chairperson will choose to leave. However, if Trump is successfully elected as the next US president, Gary Gensler can also complete his term as a commissioner if he decides to stick to his position. In response to a reporter's question on whether Trump would resign if he wins, Gary Gensler said he would not comment on the election, but added that "Elections have consequences."