PANews reported on November 20 that according to CoinDesk, US President-elect Trump is considering appointing blockchain legal expert Teresa Goody Guillén as Chairman of the US Securities and Exchange Commission (SEC). Guillén is currently a partner and co-head of the blockchain team at BakerHostetler Law Firm. She has worked at the SEC and represented blockchain companies and traditional companies in response to SEC enforcement actions.
Sources said that the Trump team hopes to choose a candidate who is pro-cryptocurrency and has a non-bureaucratic background to push the SEC to implement a light regulatory policy and end the practice of "enforcement actions are regulation." Guillén is recognized by the industry for his deep securities law background and support for the crypto industry, and is believed to be able to quickly reform the SEC.
The SEC chairmanship is expected to be decided before Thanksgiving, with Guillén competing against other candidates, including former SEC Commissioner Paul Atkins and Robinhood Chief Legal Officer Dan Gallagher.
