President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a blockchain lawyer and former SEC attorney, to lead the SEC

Key Takeaways

President-elect Donald Trump is reportedly considering crypto-friendly blockchain lawyer Teresa Goody Guillén to lead the SEC, CoinDesk reports.

This consideration comes as current SEC Chair Gary Gensler may step down by Thanksgiving after hinting last week that he was preparing to leave his position.

With the year coming to an end, the crypto industry is eagerly anticipating the appointment of a new SEC chair, especially as Gensler’s tenure has been marked by a hostile stance toward crypto.

A fresh leader, potentially more lenient toward the crypto industry, would be a welcome change as Trump prepares to take office in January 2025, and Goody Guillén has emerged as a strong contender.

Co-leading BakerHostetler’s blockchain practice, she has garnered significant support from crypto companies thanks to her experience at the SEC and her work representing blockchain firms and traditional Wall Street institutions.

Brendan Playford, co-founder of Masa, a token-powered decentralized data provider for AI companies, described Goody Guillén as the best candidate among those currently being considered.

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