Odaily Planet Daily News - U.S. Congressman French Hill from Arkansas, a Republican, stated in an interview that Republican SEC Commissioner Hester Peirce "could become the new acting chair of the U.S. SEC." Hill said, "We look forward to Trump appointing a new SEC chair, and after Gary Gensler steps down on January 20 next year, a Republican will become the acting chair of the SEC. That person could be Hester Peirce—she is very likely to become the acting chair of the SEC." Regarding Gary Gensler's announcement of his impending departure, Hill remarked, "Gensler has been disappointing for the crypto ecosystem." This is because Gensler has adopted a "regulatory enforcement" approach, and "Gensler's views on the crypto industry have been almost contradictory." Hill added that the SEC cannot address all the issues currently faced by the U.S. crypto industry. Congress must work with the SEC to pass laws to ensure fair enforcement of digital assets. (Cryptonews)

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