SEC crypto-friendly commissioner Hester Peirce is considered a potential successor to the next chairperson

Trump has admitted to removing Gary Gensler, the current chair of the Securities Exchange Commission, sparking speculation about potential successors, especially candidates who may be inclined to take a more crypto-friendly approach. Hester Peirce, a Securities Exchange Commission (SEC) commissioner known for her pro-cryptocurrency stance, has been identified as a potential replacement for Gary Gensler and has been dubbed the "crypto mom" by the community for her advocacy in the space. Hester Peirc, who has previously criticized the Securities Exchange Commission's enforcement-led approach, believes that regulatory clarity in the crypto industry will better serve the public interest and America's place in global digital finance. (Cointelegraph)