Trump Considers Blockchain Expert For SEC Chair Role
According to PANews, U.S. President-elect Donald Trump is contemplating the appointment of blockchain legal expert Teresa Goody Guillén as the new chair of the Securities and Exchange Commission (SEC). Guillén, currently a partner and co-leader of the blockchain team at BakerHostetler law firm, has previous experience working with the SEC and has represented both blockchain companies and traditional businesses in SEC enforcement actions.
Sources indicate that Trump's team is seeking a candidate with a pro-cryptocurrency stance and a non-bureaucratic background to lead the SEC. The aim is to implement a lighter regulatory approach and move away from the "regulation by enforcement" practice. Guillén is recognized in the industry for her strong securities law background and supportive position towards the crypto sector, making her a potential candidate for swiftly reforming the SEC.
The decision on the SEC chair is expected to be finalized before Thanksgiving. Guillén is competing for the position alongside other candidates, including former SEC Commissioner Paul Atkins and Robinhood's Chief Legal Officer Dan Gallagher.
