Part 7/8:
The crypto community’s influence over the selection process cannot be understated. Key industry figures are vocal in their opposition to particular candidates, such as Robert Stebbins and Dahlia Blass, who are criticized for past SEC enforcement actions that may be perceived as harmful to crypto innovation.
As the appointment process unfolds, questions linger over whether current Republican SEC Commissioner Mark Uyeda could serve as acting chair if the Senate fails to confirm Trump's SEC pick by Inauguration Day. Although Commissioner Hester Peirce is another potential favorite, she has privately signaled disinterest in the position, which could elevate Uyeda's chances of serving temporarily.