COIN - Is Hester Peirce The Next SEC Boss? Potential Gensler Successor Urges Crypto Cooperation With CFTC: 'We Both Serve The American People' | Benzinga
Ahead of the 2024 U.S. presidential election, Hester Peirce, a commissioner at the Securities and Exchange Commission (SEC), shared her insights on crypto regulation and the potential impact of a new administration.
What Happened: Affectionately known in the sector as “crypto mom,” Peirce expressed discomfort with that label.
“I'm not your mom,” Peirce told DL News in an interview published Tuesday.
Peirce also discussed the SEC’s ongoing crypto crackdown, the future of crypto exchange-traded funds (ETFs) and the potential impact of the upcoming presidential election.
As one of two Republican commissioners at the SEC, Peirce is considered a likely candidate to replace current SEC chair Gary Gensler if GOP nominee Donald Trump wins the presidency in November.
“It could really be anyone,” she told the publication, citing the president’s “wide latitude.”
Regarding the SEC’s relationship with the Commodity Futures Exchange Commission (CFTC), Peirce highlighted the need for cooperation, stating, “We both ...