Donald Trump's team is considering Teresa Goody Guillén, a renowned lawyer and blockchain specialist, as a potential candidate for the position of SEC chair.
Trump's Pro-Crypto Drive
Teresa Goody Guillén, a partner at Baker Hostetler and co-head of its blockchain team, is under consideration for the position of the U.S. Securities and Exchange Commission (SEC) chair. This aligns with Donald Trump's push to appoint a pro-cryptocurrency reformer to lead the regulator. The selection process is reportedly moving swiftly, with a decision expected before Thanksgiving.
Expected Gensler Exit
SEC Chair Gary Gensler is reportedly preparing to step down with Trump's potential inauguration in January. Traditionally, SEC chairs resign during administration transitions, but Trump has announced plans to fire Gensler immediately upon taking office.
Teresa Goody Guillén's Rivals
Teresa Goody Guillén is competing with candidates like Robert Stebbins of Willkie Farr & Gallagher LLP, Brad Bondi of Paul Hastings, former SEC Commissioner Paul Atkins, Robinhood's Chief Legal Officer Dan Gallagher, and former Acting Comptroller of the Currency Brian Brooks.
The selection of a new SEC chair could significantly impact cryptocurrency regulation and its future development in the U.S.
