According to ChainCatcher, a WSJ article suggests that once Trump returns to the White House, the US SEC may ease its legal battles against cryptocurrency exchanges. While Trump has not revealed his pick for the next SEC chair, there are rumors that multiple contenders are vying for the position following Gary Gensler's resignation.
The next SEC chair may come from a group of experienced regulators and legal giants, each bringing unique expertise. Paul Atkins, who served as an SEC commissioner from 2002 to 2008 and currently leads financial consulting at Patomak Global Partners, is seen as a top candidate.
Since 2022, Mark Uyeda has been in the spotlight for his pro-cryptocurrency stance, which aligns with Trump's regulatory views. Former Acting Comptroller of the Currency Brian Brooks and former SEC General Counsel Robert Stebbins have also emerged as strong contenders. Legal heavyweights Richard Farley and Norm Champ have also joined the competition.