(CoinDesk) reported from insiders that President-elect Donald Trump has listed senior securities lawyer Teresa Goody Guillén as one of the candidates for the new chair of the U.S. Securities and Exchange Commission (SEC).
Teresa Goody Guillén is a partner at the law firm BakerHostetler and co-leads the blockchain team. Insiders familiar with the situation say she has extensive expertise in securities law, litigation, and investigations, having previously worked at the U.S. SEC, and later represented blockchain companies and traditional financial institutions in litigation, often in opposition to the SEC, making her an ideal reform leader in the cryptocurrency industry.
Brendan Playford, co-founder of the decentralized data provider Masa, said: "Among all the nominees, she is the best candidate. Her professional background allows her to quickly change the status quo and fundamentally transform the industry environment."
Brendan Playford pointed out that Teresa Goody Guillén has an in-depth understanding of securities regulations and the workings of the SEC, and holds a friendly attitude toward cryptocurrency. If she takes office, it will bring significant policy shifts to the regulatory agency and have far-reaching impacts on the entire industry.
Insiders say the Trump team wants to choose a candidate who is "pro-crypto" and has a "non-bureaucratic background" to promote the SEC to implement lenient regulatory policies and end the practice of "enforcement instead of regulation."
If Teresa Goody Guillén is appointed, she will succeed current SEC Chairman Gary Gensler, who has recently begun to refer to his position in the "past tense" and is expected to resign before Trump officially takes office on January 20. This aligns with the tradition of SEC chair resignations during the transition period of a new government, and Trump had promised during his campaign to "fire" Gary Gensler on his first day in office.
The new SEC chair candidate is expected to be confirmed before Thanksgiving on November 28, but Teresa Goody Guillén faces fierce competition. Reportedly, other candidates under consideration include Robert Stebbins, a partner at Willkie Farr & Gallagher LLP, Brad Bondi, a partner at Paul Hastings, former SEC commissioner Paul Atkins, Robinhood's General Counsel Dan Gallagher, and former acting head of the Office of the Comptroller of the Currency (OCC) Brian Brooks.
Trump takes the first step to fulfill his promise! Considering candidates who "support cryptocurrency" for the financial regulatory official position.
"Teresa Goody Guillén, a crypto lawyer, is highly favored for the SEC chair position in Trump's new term, sparking industry attention." This article was first published on (Block客).