SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
Defense Secretary Lloyd Austin to undergo nonsurgical procedure, Deputy Kathleen Hicks will assume control
Yes, that’s correct. U.S. Defense Secretary Lloyd Austin will be undergoing a nonsurgical procedure at Walter Reed National Military Medical Center. As per the standard procedure, his powers will be transferred temporarily to Deputy Defense Secretary Kathleen Hicks. This is a common practice during such situations, in order to ensure the smooth running of the department. Secretary Austin will resume his duties as soon as he is medically cleared to do so. Until then, Kathleen Hicks will be in control.