With Trump’s return to the White House, speculation is mounting in the crypto community over who will lead the U.S. Securities and Exchange Commission (SEC). Crypto attorney Jake Chervinsky sees Mark Uyeda, an SEC commissioner critical of current Chair Gary Gensler’s crypto policies, as a top candidate for the role. Hester Peirce, known as “Crypto Mom,” is viewed as less likely to step up.
Following Donald Trump's election victory, there are strong indications that Gary Gensler's tenure as SEC Chair may be coming to an end, with expectations of significant changes to the SEC's approach to crypto regulation. During his campaign, Trump explicitly promised to fire Gensler "on day one" after taking office. While this immediate firing will not take place due to legal restrictions, Gensler's removal seems to be certain.