Trump closing on crypto regulation team with Gould pick
The efforts of President Donald Trump to bring together a distribution of veterans of Pro-Crypto regulators have matured with two other nominations, Jonathan Gould and Jonathan Mckernan.
Jonathan Gould, partner of Jones Day and former high -level lawyer at the office controller’s office, would have obtained the appointment of President Trump as the next boss of the OCC. Gould worked as a legal director of the OCC and the main assistant controller of the OCC, an important position with contribution on American federal banking rules.
Gould was also legal director of Bitfury and could put pressure for greater banking-Crypto integration if it was confirmed by the Senate as a new controller. In particular, two bills in the House and Senate appoint The OCS as a main stablecoin regulator.
A change of guard at the consumer financial protection office brought the Trump star cryptography team near the completion.
President Trump hit Jonathan McKernan from Federal Deposit Insurance Corporation to supervise the CFPB after criticizing the lax operations office. McKernan advised the Ministry of the Treasury on politics and was previously a lawyer for senator Pat Toomey.
The president also plans to combine The FDIC and OCC, according to the Wall Street Journal, in the midst of leadership changes in a multitude of federal agencies. Trump has appointed several pro-Crypto figures for keys to watchdog custody offices while the White House pivots a new digital asset approach.
Figures like Paul Atkins as president of the American Security and Exchange Commission, the Crypto Policy Head of the A16Z, Brian Quintenz, chair The Committee Futures Trading Commission, Gould in the OCC, and McKernan for the CFPB, paint a friendly Crypto regulatory cabinet.
Pro-Crypto legislators are also found on crucial committees for financial regulations. Senator Tim Scott and representative French Hill announced moves to Congress concentrate On digital asset policies, starting with stablecoins.
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