Martin Gruenberg, chairperson of the Federal Deposit Insurance Corporation (FDIC), resigned in May in the face of an investigation into the agency's toxic workplace culture. But Mr. Gruenberg said he would remain in office until a successor is named and confirmed. The Trump administration is poised to loosen some of its oversight of the FDIC, which stepped up its scrutiny of banks in the wake of the regional banking crisis in 2023. For example, the agency had said it would introduce tougher scrutiny of banking transactions of a certain size. The Trump administration's top priority is to oust SEC Chairperson Gary Gensler, who has said he will fire him on his first day in office. One of the candidates Trump allies are considering to replace Gensler is Dan Gallagher, the chief legal officer of Robinhood and a former SEC commissioner. Other candidates include J. Christopher Giancarlo, a senior adviser at the law firm Willkie Farr & Gallagher and a former chairperson of the Commodity Futures Trading Commission (CFTC), and Dalia Blass, a partner at the law firm Sullivan & Cromwell.