SEC Chair Gary Gensler announces resignation

Securities and Exchange Commission (SEC) Chair Gary Gensler just made the announcement:

He's going to step down from his post the moment President-elect Donald Trump assumes office on Jan. 20, 2015.

GOOD RIDDANCE.

In a press release posted by the SEC, Gensler praised Joe Biden as well as his fellow staff at the SEC.

"The Securities and Exchange Commission is a remarkable agency. The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike. The staff comprises true public servants. It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world," Gensler said.

Gensler took the role of SEC Chair in April 2021, in the wake of the GameStop trading frenzy.

The "GameStop short squeeze" of 2021 caused major financial implications across America and the world:

In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions as the price rose caused it to rise even further. The short squeeze was initially and primarily triggered by users of the subreddit r/wallstreetbets, an Internet forum on the social news website Reddit, although a number of hedge funds also participated. At its height, on January 28, the short squeeze caused the retailer's stock price to reach a pre-market value of over US$500 per share ($125 split-adjusted), nearly 30 times the $17.25 valuation at the beginning of the month. The price of many other heavily shorted securities and cryptocurrencies also increased.

The elites didn't like the fact that regular people had figured out how to manipulate the market just like the big boys had, and Biden expected Gensler to take care of this.

In a theme that's common among people appointed by Joe Biden, America can't wait to see him leave office.

Donald Trump won the entire election off of one phrase:

Are you better off now than you were four years ago?

It didn't take much critical thinking for Americans to realize just how much damage liberals have done in recent years.

America will be FAR better off when people like Gensler, Biden, and Kamala Harris are FINALLY out of our federal government.

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