U.S President elect considers Crypto lawyer to lead SEC

Teresa Goody Guillén, a partner at BakerHostetler and co-head of the firm’s blockchain team, is one of several candidates being considered by the Trump transition team for the next SEC chair. Goody Guillén is a seasoned securities attorney who has represented both traditional and blockchain companies before the SEC and against the agency.   

 

Goody Guillén worked as an attorney in the SEC’s Office of the General Counsel From 2009 to 2011 led by Mary Shapiro, the first woman to hold the position. In her later role as managing director and chief operating officer of Kalorama Partners, Goody Guillén advised clients against SEC enforcement cases alongside former SEC chair Harvey Pitt.  

The Trump transition team wants to restructure the SEC and unwind the agency’s expansion during Gensler’s leadership.  

Goody Guillén is a seasoned securities attorney who has represented both traditional and blockchain companies before the SEC and against the agency. Teresa Goody Guillén is also a U.S. veteran. However, President-elect Donald Trump is still considering several candidates to head the Securities and Exchange Commission.

According to people familiar with the matter, President-elect Donald Trump is considering several candidates to head the Securities and Exchange Commission. 

Trump and Coinbase CEO Brian Armstrong allegedly had a private meeting to talk about hiring new staff Following a campaign in which the industry spent more than $130 million on the former president and other Republican candidates, crypto experts are listening to the Trump team during the selection process To replace SEC chair Gary Gensler, who started using the past tense last week and is anticipated to resign before Trump’s inauguration on January 20, Goody Guillén has entered a competitive shortlist.  

It is common for SEC chairs to step down when a new administration takes office. Trump promised to “fire” Gensler on his first day in office while running for office. 

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Olumide Adesina
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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