Key Takeaways
- Teresa Goody Guillén is being considered for SEC chairman in a potential Trump administration.
- Goody Guillén has the support of the cryptocurrency industry due to his cryptocurrency advocacy stance and SEC experience.
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According to a report from CoinDesk, President-elect Donald Trump is reportedly considering blockchain lawyer and former SEC attorney Teresa Goody Guillén to head the SEC.
The consideration comes amid speculation that current SEC Chairman Gary Gensler may resign by Thanksgiving after hinting last week that he was preparing to leave his position.
As the year comes to a close, the cryptocurrency industry is eagerly anticipating the appointment of a new SEC Chairman. Especially since Gensler’s hostile stance toward cryptocurrencies was notable during his tenure.
As Trump prepares to take office in January 2025 and Goody Guillén emerges as a strong contender, a new leader potentially more tolerant of the cryptocurrency industry would be a welcome change.
Co-leading BakerHostetler’s blockchain practice, she has received significant support from cryptocurrency companies thanks to her experience at the SEC and her work representing blockchain companies and traditional Wall Street institutions.
Brendan Playford, co-founder of Masa, a token-based decentralized data provider for AI companies, described Goody Guillén as the best candidate currently being considered.
He emphasized her deep understanding of the laws and work of the SEC and that her pro-crypto stance will drive immediate change that could dramatically transform the industry.
Other candidates being considered include Willkie Farr & Gallagher LLP partner Robert Stebbins, Paul Hastings partner Brad Bondi, former SEC Commissioner Paul Atkins, Robinhood Chief Legal Officer Dan Gallagher and former Acting Comptroller of the Currency Brian Brooks.
Goody Guillén served as an attorney in the SEC’s Office of General Counsel from 2009 to 2011.
She later worked at Kalorama Partners with former SEC Chairman Harvey Pitt, where she advised clients on SEC enforcement cases.
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