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Crypto market reaction to Guillén's appointment as SEC Chair
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Story
Trump Eyes Pro-Crypto Lawyer Teresa Goody Guillén to Replace Gensler at SEC
Nov 20, 2024, 12:07 AM
President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities lawyer with extensive experience in the blockchain sector, to replace Gary Gensler as the Chair of the U.S. Securities and Exchange Commission (SEC). Guillén, currently a partner at BakerHostetler and co-lead of its blockchain team, has a background in SEC enforcement and is known for her pro-crypto stance. Her potential appointment is seen as part of Trump's strategy to overhaul the SEC with a more crypto-friendly approach, aiming for light-touch regulation. Trump's promise to be the 'crypto President' and the backing of crypto firms for Guillén are key factors in this potential shift.
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