Donald Trump Considering Pro-Crypto Lawyer Teresa Goody Guillen for SEC Chair: Report

President-elect Donald Trump is considering pro-crypto lawyers to replace SEC chair Gary Gensler following promises to create a friendly environment for crypto. A recent report shows a new candidate for the SEC chair role has emerged. The exposition, citing people familiar with the issue, noted that crypto lawyer Teresa Goody Guillen is now a top contender for the job.Another Pro-Crypto Candidate on The RadarGoody Guillen has her fair share of legal and blockchain experience, representing the SEC and a crypto firm. Notably, she worked as the attorney for the Office of the General Counsel at the SEC between 2009 and 2011 before switching allegiance to become a partner at Baker & Hostetler from 2019 till date.Meanwhile, Goody Guillen is famous on Wall Street and among crypto firms, as she has defended them against the SEC on certain occasions. The blend of inside SEC experience and advocacy for digital assets is one of her strengths over other candidates.Moreover, Goody Gullien has received strong recommendations from a crypto founder who lauded her versatile disposition. Brendan Playford, Masa’s co-founder, stated that Goody Guillen is the best among other candidates considered for the role, arguing she would bring an “instant change” to the agency and the crypto sector.A Crypto-Friendly Chair UltimatelyAs the selection process intensifies, crypto enthusiasts are confident that the next SEC chair will be pro-crypto . The Trump transition team has assured the industry, which invested heavily in the president’s reelection, that Gary Gensler’s replacement would be non-bureaucratic and favor the sector until Congress passes clear guidelines into law.Other notable candidates, such as Robinhood’s Chief Legal Officer Dan Gallagher , Patomak CEO Paul Atkin, and Republican SEC commissioner Hester Pierce, are also on the shortlist to replace Gensler.Meanwhile, Trump has doubled down on filling his cabinet with crypto enthusiasts after announcing Howard Lutnick as commerce secretary. Notably, pro-Bitcoin personalities like Elon Musk and Robert F. Kennedy are already part of Trump’s new administration.Interestingly, the US President-elect also met with Coinbase CEO Brian Armstrong for personal appointments. However, the details of the meeting remain speculative.