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在加里詹斯勒之後,誰將成為美國 SEC 的新主席?

原始來源: 聯合電訊報

編譯:Odaily星球日報( @Odaily中國 )

Translator: Wenser ( @溫瑟2010 )

在加里詹斯勒之後,誰將成為美國 SEC 的新主席?

Editors note: With voting in the U.S. presidential election in full swing ( latest news : voting statistics from seven swing states in the U.S. election will be announced at around 12 noon on November 6 at the latest), the key position of U.S. SEC Chairman has once again become the focus of attention in the 加密貨幣貨幣行業。

Based on the political situation in the United States and past popular candidates, Cointelegraph has selected eight popular candidates, and the next US SEC Chairman who will succeed the current US SEC Chairman Gary Gensler may be born from these people. Odaily Planet Daily will compile and summarize this in this article, and some content has been deleted and modified for readers reference.

8 top candidates in the race for the next SEC chairmanship

Currently, the next SEC chairman candidate is still undecided, with a total of eight people who may take this key position. On April 17, 2021, the current US President Biden appointed Gary Gensler as the chairman of the Securities and 交換 Commission (SEC). According to the practice of appointment, his term will last until January 5, 2026. However, due to Genslers previous direct intervention in the US cryptocurrency industry and high-pressure measures without clear regulatory 指導lines, he is likely to lose his job.

Former US President and Republican presidential candidate Trump had previously made it clear at the 2024 Nashville Bitcoin Conference that if elected, he would fire Gary Gensler on his first day in office.

Of course, the US president has the power to fire Gensler, but this is not an easy task. If Trump wants to do this, he must provide legitimate reasons for the dismissal, such as Genslers negligence, inefficiency or other forms of malfeasance. It may take more than a year to determine the specific reasons, conduct legal reviews and administrative transition.

If Trump is elected as the US president in 2024, he may have to work with Gensler for a while before the new SEC chairman takes office. Of course, if this happens, Genslers resignation is not unexpected, but it depends entirely on Gensler himself.

On the Democratic side, Vice President and presidential candidate Kamala Harris has not yet officially stated her position on the position of SEC Chairman, but there are signs that the position may change in order to leave room for a shift in regulatory direction. Billionaire Mark Cuban claims to have had close contact with Harris team. He told the media that Harris prefers clear regulatory rules and opposes regulation through litigation. He believes that if Harris is elected, Gensler may be eliminated. He said bluntly: I think the obvious problem is that, judging from the low public support rate, I guess he will resign on his own initiative.

As of now, Genslers potential successor remains uncertain, with Republicans generally tending to support innovation and less restrictive regulation, while Democrats generally prefer stricter regulation and investor protection. The appointment of the chairman of the U.S. SEC may set the tone for future cryptocurrency regulation, and the industry is also paying close attention to the question of what the next SEC chairmans first move will be.

So, the topic becomes – who will take over Genslers position and what attitude will they take towards the cryptocurrency industry?

1. Hester Peirce — The “Crypto Mom” the industry is looking forward to; Likelihood: Low

SEC Commissioner Hester Peirce is considered one of the potential contenders to succeed Gensler. Considering that she may implement comprehensive crypto-friendly regulatory policies as SEC Chairman, coupled with Trumps clear support for cryptocurrency, these factors make her one of the most ideal candidates.

Peirce studied financial market regulation at George Mason University and served as an advisor to government departments such as the Senate Banking, Housing and Urban Affairs Committee. She was also a lawyer in the SECs investment management department and worked as a partner at WilmerHale law firm. In 2018, she officially joined the SEC after former President Obama nominated her as an SEC commissioner.

She is perhaps the most popular regulator among cryptocurrency supporters, with many calling her “Crypto Mom.”

She has criticized Gensler’s aggressive stance toward the cryptocurrency industry several times before: most recently on September 16 of this year , she and Commissioner Mark Uyeda wrote in a dissenting opinion in a cryptocurrency case: “ It was a grave mistake to allow the cryptocurrency issue to become a case of endless misdirection and overreach, and that mistake continues.”

Her public support for the crypto industry and criticism of the SECs regulatory approach have led many members of the cryptocurrency community to hope that Trump would choose her to replace Gensler if he was elected.

However, she is unlikely to become SEC chair, as she has told industry media that she does not intend to remain at the SEC after her term ends in 2025.

2. Chris Giancarlo: The “Crypto Dad” of Bitcoin Futures; Likelihood: High

As a lawyer and former chairman of the U.S. Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo was nicknamed Crypto Dad because of his popularity in the cryptocurrency industry . He later accepted the nickname in his book Crypto Dad: The Battle for the Future of Money. 根據 to Politico, many people in U.S. industry lobbying firms believe that Giancarlo is a strong contender for the chairman of the SEC.

While serving as CFTC chairman during the Trump administration, he approved 貿易 in Bitcoin futures contracts, one of the necessary steps before a Bitcoin spot ETF could be passed.

Currently, Giancarlo is a senior counsel and co-chair of the Digital Work Practice at Willkie Farr and Gallagher, and holds other positions in a number of organizations. He is also the founder and director of the Digital Dollar Project, which aims to explore ways to “optionize the dollar.”

Additionally, his resume in finance and digital assets includes roles as a board member and advisor at the American Financial Exchange, the Chamber of Digital Commerce, and Nomura Holdings.

3. Chris Brummer: A moderate Democratic pick; Likelihood: High

If Harris becomes the next US president, Chris Brummer may become an important part of her administration.

Brummer has multiple ties to the Democratic Party – Obama nominated him to head the CFTC in 2016, but Trump later withdrew the nomination; during the Biden administration, he became a popular candidate for CFTC chairman; Brummer is also one of the volunteers for the Biden administrations fiscal regulatory transition team.

Anderson PC law firm believes that if he is appointed as SEC chairman, it may indicate that the U.S. government will take a more moderate regulatory approach to cryptocurrencies, and the regulatory focus will shift to formulating clear guidelines rather than stifling innovation factors.

Brummer has some experience in cryptocurrency regulation. On May 16 this year , he founded a company called Bluprynt, which focuses on regulatory compliance for cryptocurrency companies (especially ensuring that crypto project white papers comply with EU cryptocurrency regulations).

A source familiar with Brummer believes he is “more qualified to be SEC chairman than Gary Gensler,” and said this could be “the most peaceful resolution the Harris campaign could come up with on cryptocurrency.”

4. Paul Atkins: SEC commissioner with ties to Bush and Trump; Likelihood: Low

According to CNBC, Paul Atkins, a former SEC commissioner during the George W. Bush administration, has emerged as one of the potential candidates for SEC chairman on the Trump team.

As an SEC commissioner during the Bush administration, he was known for opposing hefty fines for companies that violate securities laws and previously opposed the Dodd-Frank Act, which strengthened federal regulatory power after the 2008 financial crisis.

Atkins played a key role in Trump’s political transition team after his 2016 election as president and was instrumental in influencing Trump’s laissez-faire approach to financial regulation.

Atkins currently still works at Patomak Global Partners, the consulting firm he founded in 2009. At the same time, since 2017, he has also served as co-chairman of the 代幣 Alliance, an industry association that advocates for the digital asset and blockchain industries.

5. Erica Williams: A moderate candidate from the Harris faction; Likelihood: Medium

Erica Williams, chair of the Public Company Accounting Oversight Board (PCAOB), has extensive experience working with the SEC.

She has served in a number of prominent government roles—including as deputy chief of staff to three SEC chairmen, special assistant and advisor on financial and economic policy in the Obama administration, and, before joining the PACOB committee, as a litigation partner at the law firm of Kirkland and Ellis.

During his tenure as PCAOB director, the commission imposed a record $25 million fine on KPMG Netherlands for cheating in an internal training program and a $900,000 fine on Deloitte’s Colombia branch for quality management violations, bringing the department’s total fines for 2023 to more than $20 million.

While Erica herself has not made an explicit statement about the cryptocurrency industry, during her tenure, the PCAOB established an investigation team focused on emerging audit risks, including those related to cryptocurrencies. Previously, Erica was criticized for ignoring the 去中心化金融ciencies of FTX before its collapse at the end of 2022. Regarding this matter, she clarified at a meeting in November 2022 : The PCAOBs jurisdiction is limited to the audit management of publicly traded companies and broker-dealers.

An insider revealed that Erica has a strong interest in promoting progress in financial regulation, which may mean that she may support cryptocurrency legislation while actively pursuing illegal and criminal activities in the cryptocurrency field.

6. Heath Tarbert: Active CFTC Chairman; Likelihood: Low

作為 previously reported by CNBC, Heath Tarberts experience as CFTC chairman from 2019 to January 2021 makes him one of the potential candidates for the next SEC chairman. Under his leadership, the CFTC set a number of industry records, including a record number of cases handled in a single fiscal year.

Tarbert has worked in the White House, the Justice Department, the Treasury Department and other federal government departments, and has extensive political experience . Of course, he was once embroiled in a huge controversy because he was hired as chief legal officer by Citadel Securities just 27 days after leaving the CFTC, sparking criticism of the so-called revolving door phenomenon of working from public service to private companies.

Currently, Tarbert is the chief legal officer and head of corporate affairs at Circle, the issuer of the stablecoin USDC.

7. Robert Stebbins: Advisor close to Trumps SEC chairman; Likelihood: Medium

根據 Politico , several industry experts are considering Robert Stebbins as a potential candidate for the SEC chairmanship.

Stebbins himself worked at Willkie Farr and Gallagher from 1993 to 2017, when he joined the SEC as chief legal officer.

根據 Willkies company website , during his tenure as SEC general counsel, Stebbins played a key role in as many as 85 rulemakings, hundreds of staff appointments, the issuance of interpretive bills, and the supervision of more than 2,750 enforcement actions. When Jay Clayton, Trumps former law school classmate and SEC chairman during his presidency, took office in 2017, he assisted the latter in forming a subordinate team. (Odaily Planet Daily Note: For more information about Clayton, please see the previous article US SEC generated $4.7 billion in revenue in 2024, and the cryptocurrency industry became a cash machine? .)

Stebbins also worked with financial giant Morgan Stanley on several major transactions, including Amgen’s $27.8 billion acquisition of Horizon Therapeutics and the proposed merger of Allergan and Pfizer. He also worked on Fiat’s bid for a majority stake in Chrysler in the early 2010s.

8. Dan Gallagher: Federal Reserve critic; Likelihood: Low

Dan Gallagher, chief legal officer at financial trading company Robinhood, is unusually familiar with the SEC — he served as a Republican committee member during the pre-Obama administration, from 2011 to 2015, and has held a number of positions at the agency.

Gallagher played a key role in the SEC’s Division of Trading and 市場s in the late 2000s, serving on the committee during the liquidation of banking giant Lehman Brothers and working on a number of challenges during the financial crisis.

He is known for his controversial dissident views, critical of the Federal Reserve and the Dodd-Frank Act, and has advocated for a comprehensive review of U.S. stock market trading practices.

It’s worth noting that Gallagher faces some potential obstacles to his candidacy. Democrats are generally cautious about appointing industry leaders to regulatory positions, and Robinhood’s past controversies — such as its decision to suspend trading in GameStop shares during the 2021 “meme stock frenzy” — could affect his candidacy.

It remains to be seen whether Gallagher will leave Robinhood for the SEC position. He joined the company’s board in October 2019 and became chief legal officer in May 2020; he has told the media that he enjoys his current position and is honored to be included as a potential candidate for the next SEC chairman.

This article is sourced from the internet: After Gary Gensler, who will be the new chairman of the US SEC?

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