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Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair

Trump considers crypto lawyer Teresa Goody Guillén for SEC Chair


Key Takeaways

  • Teresa Goody Guillén is being thought-about as SEC Chair in a possible Trump administration.
  • Goody Guillén has help from the crypto trade because of her pro-crypto stance and SEC expertise.

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President-elect Donald Trump is reportedly contemplating Teresa Goody Guillén, a blockchain lawyer and former SEC legal professional, to steer the SEC, in response to a CoinDesk’s report.

This consideration comes amid hypothesis that present SEC Chair Gary Gensler could step down by Thanksgiving, after hinting final week that he was making ready to go away his place.

With the 12 months coming to an finish, the crypto trade is eagerly anticipating the appointment of a brand new SEC chair, notably as Gensler’s tenure has been marked by a hostile stance towards crypto.

A contemporary chief, doubtlessly extra lenient towards the crypto trade, could be a welcome change as Trump prepares to take workplace in January 2025, and Goody Guillén has emerged as a robust contender.

Co-leading BakerHostetler’s blockchain observe, she has garnered vital help from crypto corporations due to her expertise on the SEC and her work representing blockchain companies and conventional Wall Road establishments.

Brendan Playford, co-founder of Masa, a token-powered decentralized information supplier for AI corporations, described Goody Guillén as one of the best candidate amongst these at the moment being thought-about.

He highlighted her deep understanding of the legal guidelines and the workings of the SEC, emphasizing that she could be an prompt change maker able to dramatically reworking the trade along with her pro-crypto stance.

Different candidates being thought-about embrace Willkie Farr & Gallagher LLP companion Robert Stebbins, Paul Hastings companion Brad Bondi, former SEC commissioner Paul Atkins, Robinhood chief authorized officer Dan Gallagher, and former appearing Comptroller of the Foreign money Brian Brooks.

Goody Guillén served as an legal professional for the SEC’s Workplace of the Normal Counsel from 2009 to 2011.

She later labored at Kalorama Companions with former SEC chair Harvey Pitt, advising shoppers towards SEC enforcement instances.

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