Can you imagine going from Gary Gensler to a crypto lawyer running the SEC?

Have I got a scoop for you? This is Coin Dess Daly. I'm your host Christine Lee.

The Trump transition team is considering Teresa Goody Guyon, partner at law firm Baker Hostetler and co-lead of their blockchain team

among several candidates to head the U.S. Securities and Exchange Commission, according to Coiness

Sources. Goody Gehien is a seasoned securities lawyer with experience serving the SEC

and opposing the agency on behalf of blockchain companies and traditional businesses.

Sources tell me that President-elect Donald Trump is seeking a pro-crypto non-bureaucrat

to drastically overhaul the SEC with light-touch regulation,

which will be a dramatic ship from current SEC Chair Gary Gensler's brain of regulation

by enforcement action during the Biden administration.

Other candidates up for considerations say they are pro-crypto, but they do not have the same experience

on both sides of the SEC and practicing securities law within the crypto industry.

The situation is fluid, and sources tell me it's being held up by complications in the

Treasury Secretary selection process, but a decision is expected to be made before Thanksgiving.

Cantor Fitzgerald's CEO, Howard Lutnik, has been tapped to serve as President-elect Donald

Trump's Commerce Secretary.

Lutnik is a Bitcoin enthusiast

who has been a Wall Street banker for Stablecoin giant tether for years. He was one of many

vying for the powerful Treasury Secretary role, but reports over the past few days suggested bitter

tensions with another top candidate Key Square group founder Scott Bassett, which led Trump to

have second thoughts. The Commerce Secretary role is viewed as a consolation prize. Lutnik

will lead America's tariff and trade agenda. Finally, who will Trump pick for the high-profile

...