ChainCatcher news, FOX reporter Eleanor Terrett cited sources reporting that among the senior members of Trump's transition team, former SEC commissioner Paul Atkins remains the most likely candidate to lead the SEC. Paul Atkins is not only well-versed in cryptocurrency but also has an in-depth understanding of the agency's internal workings as a former commissioner and a staff member for former SEC chairs Richard C. Breeden and Arthur Levitt.

ChainCatcher news, according to Coindesk, sources say that the Trump team is considering Teresa Goody Guillén, a partner at the law firm Baker Hostetler and co-head of its blockchain team, as one of the candidates for the next SEC chairman.Goody Guillén is an experienced securities lawyer with a background in serving the SEC and representing blockchain companies and traditional businesses against the agency. Sources indicate that Trump is looking for a non-bureaucratic supporter of cryptocurrency to fundamentally reform the U.S. Securities and Exchange Commission (SEC).Insiders in Washington say that unlike the first term of Trump's administration, the election process for the second term is swift and orderly, with the SEC chairman candidate expected to be selected before Thanksgiving.

ChainCatcher news, according to Bloomberg, informed sources revealed that Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Katten Muchin Rosenman LLP, are among the candidates to succeed Gary Gensler as the chairman of the U.S. Securities and Exchange Commission.Other informed sources indicated that Dan Gallagher, legal chief of Robinhood Markets Inc., current SEC commissioner Mark Uyeda, and former Commodity Futures Trading Commission chairman Heath Tarbert are also under consideration. Informed sources stated that former SEC commissioner Paul Atkins and Willkie Farr & Gallagher partner Robert Stebbins are also in the running.Some informed sources said that members of President-elect Donald Trump's transition team and other advisors began discussions with potential candidates after the election. Discussions are ongoing, and candidates may not be finalized for several weeks. Regardless of Trump's choice, the next chairman of the SEC is likely to closely review major rules from the Gensler era that are yet to be implemented or have not yet taken effect, and seek to reduce regulation on the digital asset industry to comply with securities laws.