The Trump transition team is considering pro-crypto lawyer Teresa Goody Guill\u00e9n as a potential SEC chair candidate, according to reports. Guill\u00e9n is currently a partner at BakerHostetler and co-lead of its blockchain team.<\/p>\n
Last week, Gary Gensler released a statement that suggested<\/a> he was leaving the agency, and the debate over his replacement has heated up.<\/p>\n \u201cAs Trump searches for a pro-crypto SEC Chair, crypto prices will likely continue to rise,\u201d predicted the Kobeissi Letter.<\/p>\n BREAKING: Donald Trump is considering replacing SEC Chair Gary Gensler with pro-crypto lawyer Teresa Goody Guillen.<\/p>\n Trump is supposedly looking for a pro-crypto SEC Chair replacement.<\/p>\n Guillen is a veteran of the SEC known to be pro-crypto. pic.twitter.com\/186muDSzQY<\/a><\/p>\n \u2014 The Kobeissi Letter (@KobeissiLetter) November 19, 2024<\/a><\/p>\n\n \u201cShe is the best candidate of all the people that are currently being opined on,\u201d Brendan Playford, co-founder of Masa, told CoinDesk.<\/p>\n He added that she has a clear understanding of the laws and the way the SEC works. \u201cWe would just have an instant change-maker that would dramatically transform the industry with someone that\u2019s very pro-crypto.\u201d<\/p>\n She would \u201cdramatically roll back the prior administration\u2019s default to regulating through enforcement and arbitrarily reading into statutes written 90 years ago,\u201d Charley Cooper, senior advisor at digital asset solutions provider R3 and a former chief operating officer at the CFTC, told CoinDesk.<\/p>\n Last week, former SEC attorney Guill\u00e9n said that US crypto and capital markets \u201cwill thrive under President Trump\u201d before adding, \u201cThe public has loudly and clearly spoken; current govt has a responsibility to serve the will of the people.\u201d<\/p>\n This is who Trump is considering to replace Gensler https:\/\/t.co\/jtbVMlV30J<\/a><\/p>\n \u2014 Will (@WClementeIII) November 19, 2024<\/a><\/p>\n\n General counsel at 1kx, Larry Florio,\u00a0said,<\/a> \u201cI\u2019ve heard Teresa Goody Guill\u00e9n\u2019s name floated by a few people recently for SEC chair, and I\u2019ve had the pleasure of working with her and her team.\u201d<\/p>\n \u201cShe would be an incredible choice for chair. Practical and hard-charging, she\u2019d be my top pick. Believe it or not, I don\u2019t want a free-for-all for crypto. Sensible and holistic regulation that promotes innovation while protecting against fraud is what we need.\u201d<\/p>\n The reported criteria for the SEC chair position<\/a> include a pro-crypto stance, a non-bureaucratic background, a willingness to implement light-touch regulations, and an interest in overhauling the agency.<\/p>\n Other potential candidates include Robinhood chief legal officer Dan Gallagher, former Acting Comptroller Brian Brooks, former SEC commissioner Paul Atkins, and Robert Stebbins, a legal partner at Willkie.<\/p>\n Stebbins is the least popular choice among crypto industry executives. This week, Ripple CEO Brad Garlinghouse warned<\/a> that choosing Stebbins \u201cwould be akin to bringing us back to the start of the regulation by enforcement era.\u201d<\/p>\n Featured Image Courtesy of Yahoo Finance<\/em><\/p>\n The post Trump Reportedly Mulling Pro-Crypto Lawyer to Replace Gensler as SEC Chair<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The Trump transition team is considering pro-crypto lawyer Teresa Goody Guill\u00e9n as a potential SEC chair candidate, according to reports. Guill\u00e9n is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated […]<\/p>\n","protected":false},"author":0,"featured_media":22169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22168"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22168"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22169"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}All Change at The SEC<\/h2>\n
Job Spec and Candidates<\/h2>\n