A Woman For The Job: Trump Favors Crypto-Savvy Lawyer To Replace SEC Chief Gensler

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As a seasoned researcher with a penchant for understanding the intricacies of financial markets and regulatory bodies, I find myself captivated by the recent developments surrounding the potential replacement of Gary Gensler as Chairman of the Securities and Exchange Commission (SEC). The rumors circulating point towards Teresa Goody Guillén, an experienced securities lawyer with a background in blockchain practice, as a frontrunner for the position.

Discussions about who might be the next Chair of the Securities and Exchange Commission are still circulating, with no clear indication from the incoming U.S. President, Donald Trump.

In more straightforward terms: Among those mentioned recently in the news, John Deaton from Ripple and Mark Uyeda from the SEC are two notable figures. But if we consider recent rumors from insiders, it appears that Donald Trump prefers Teresa Goody Guillén, an attorney at the SEC, to take over as Chairman from Gary Gensler.

Reports indicate that Trump plans to restructure the Securities and Exchange Commission (SEC) in order to bypass Gensler’s strict regulations on cryptocurrency. According to Trump’s transition team, Teresa Goody Guillén, a seasoned securities attorney, is currently at the forefront of the candidates being considered for the position of SEC chairman.

If selected, Guillén’s appointment can drastically change the agency’s policies.

As a crypto investor, I’m excitedly watching the news unfold as rumors swirl about potential changes within the Securities and Exchange Commission (SEC). It seems that Donald Trump is contemplating appointing Teresa Goody Guillen, a pro-crypto lawyer, to replace current SEC Chair Gary Gensler. This shift could bring about a more crypto-friendly environment in the regulatory landscape, which is great news for us digital asset enthusiasts!

Trump is supposedly looking for a pro-crypto SEC Chair replacement.

Guillen is a veteran of the SEC known to be pro-crypto.

— The Kobeissi Letter (@KobeissiLetter) November 19, 2024

Trump’s Transition Team Looking For A Crypto Expert

This year, crypto and blockchain have emerged as a topic in the elections, with President-elect Trump expressing strong support for the industry. During his campaign, Trump indicated that he would dismiss Gensler if he were to win. Now that Trump has won the election, there’s much discussion about who might replace Gensler.

As a crypto investor, I’ve picked up whispers that the current administration is actively seeking a seasoned crypto expert, while simultaneously hinting at a more lenient stance on crypto regulations. Blockchain analysts are abuzz with Guillén’s name, as her extensive background in cryptocurrency and blockchain, coupled with her balanced regulatory approach, makes her an ideal candidate for the role.

Goody Guillén – Blockchain Experience With Advocacy

Guillén boasts an abundance of expertise, having worked extensively in the field of blockchain and securities law. As a partner at BakerHostetler, she played a key role in leading the firm’s blockchain division.

I’m personally convinced that Guillén is the ideal contender out of all the proposed candidates. According to Brendan Playford from Masa, Guillén possesses the necessary skills to bring about the needed transformations within the agency.

As a researcher, I’d like to highlight my professional journey that includes my tenure at the Securities and Exchange Commission (SEC). From 2009 to 2011, I proudly served as the SEC’s general counsel, working alongside former chief Harvey Pitt to formulate suggestions on enforcement matters. My extensive experience, coupled with my advocacy in the crypto sphere, positions me as a notable candidate in this field.

Trump Team Quickly Moving To Finalize The Pick

In the last few weeks, Guillén has been mentioned alongside several highly-regarded candidates proposed by experts and commentators. The group being considered for the role also consists of Brad Bondi from Paul Hastings, former SEC Commissioner Paul Atkins, John Deaton, and Mark Uyeda.

Based on various reports, it appears that Trump’s transition team plans to expedite the decision-making process. It’s suggested that they aim to make the final choice official prior to Thanksgiving.

The team’s urgency reflects Trump’s commitment to overhauling the cryptocurrency industry and the SEC’s regulations policies.

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2024-11-21 03:13