The post Crypto lover Teresa Goody Guillen is Trump’s pick to replace SEC chair Gensler appeared on BitcoinEthereumNews.com.

Teresa Goody Guillén, a blockchain advocate with deep regulatory roots, is reportedly Donald Trump’s top pick to lead his U.S. Securities and Exchange Commission (SEC). The president has made it clear he’s had enough of Gary Gensler and his aggressive enforcement style, and now he’s looking for someone who not only understands the rules but can work with the crypto industry instead of treating it like the enemy. Guillén is a partner at BakerHostetler and the co-leader of its blockchain practice. She worked at the SEC during the Obama administration and later took her skills to private practice, where she helped companies fend off the same agency she once served. This blend of insider knowledge and industry advocacy has made her a favorite among crypto executives, many of whom are now rallying behind her as the ideal candidate to lead the SEC into Trump’s second term. Crypto’s $130 million influence Crypto companies poured over $130 million into Trump’s campaign and other Republican candidates. The industry is tired of Gensler’s “regulation by enforcement” tactics and wants someone who can bring a more balanced approach to the SEC. As we reported before, Coinbase CEO Brian Armstrong has taken things a step further by meeting privately with Trump to discuss key appointments. With billions of dollars and the future of blockchain innovation on the line, having someone like Guillén in charge could change everything. But Trump isn’t exactly short on options. Alongside Guillén, the shortlist includes former SEC Commissioner Paul Atkins, Robinhood Chief Legal Officer Dan Gallagher, and Brian Brooks, who served as acting Comptroller of the Currency under Trump. Gensler, meanwhile, is practically packing his bags. He’s been referring to his job in the past tense, a clear sign that he knows his days are numbered, and has accepted it. SEC chairs…

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Filed under: News - @ November 20, 2024 6:26 am