According to Fox News, former CFTC Chairman Chris Giancarlo is expected to take on the role of SEC Chairman. It is reported that Chris Giancarlo is the former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and one of the founders of the Digital Dollar; he has in-depth insights into the development of Web3 and digital currencies. He has participated in multiple discussions about cryptocurrencies, central bank digital currencies (CBDCs), and stablecoins, emphasizing the importance of these emerging technologies and financial tools for the future.