According to recent reports, Donald Trump is considering appointing Teresa Goody Guillén as the SEC Chair. Goody Guillén is known for her extensive history with the SEC and her experience with cryptocurrencies.
Teresa Goody Guillén's Biography
Teresa Goody Guillén is currently a partner at BakerHostetler law firm and co-leads its blockchain practice. Previously, she served as an attorney in SEC’s Office of General Counsel from 2009 to 2011 and later worked as Managing Director at Kalorama Partners, advising clients on SEC enforcement cases.
Crypto Community's Opinion
Crypto advocates are actively supporting Goody Guillén’s appointment, noting her understanding of securities law and balanced approach to regulation. 'She clearly understands the law and how the SEC works,' said Brendan Playford, co-founder of decentralized data provider Masa.
Context of the Potential Appointment
Goody Guillén’s potential appointment follows significant efforts from the crypto industry, reportedly spending over $130 million to support Trump's campaign and Republican candidates. Coinbase CEO Brian Armstrong is said to have met with Trump to discuss key personnel decisions and highlighted the industry’s influence on regulatory developments.
The Trump administration aims to reform the SEC, halting the 'regulation through enforcement' approach until Congress enacts clearer digital asset laws. If appointed, Goody Guillén could play a pivotal role in this transformation.
