On December 28, 2020, the Securities and Exchange Commission released a statement indicating that President Trump had chosen current Commissioner Elad L. Roisman as Acting Chairman of the SEC. Acting Commissioner Roisman was first sworn in as a Commissioner of the SEC on September 11, 2018. Immediately prior, he served as Chief Counsel of the US Senate Committee on Banking, Housing, and Urban Affairs.

The SEC press release is available here.