Hester Peirce, a friendly commissioner at the SEC, is considered a potential successor to the next chairman.

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Odaily Planet Daily News President Trump has recognized the removal of Gary Gensler, the current chairman of the US Securities and Exchange Commission (SEC), which has sparked speculation about potential successors, especially those who may be inclined to take a more encryption-friendly approach. Hester Peirce is a commissioner of the SEC known for her support of cryptocurrency and is considered a potential replacement for Gary Gensler. She has been dubbed the 'crypto mom' by the community for her advocacy in the field. Hester Peirce has previously criticized the SEC's enforcement-centric approach, believing that regulatory clarity in the encryption industry would better serve the public interest and the United States' position in global digital finance. (Cointelegraph)

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