TechFlow news, on January 24, according to The Block, investment bank TD Cowen released a report indicating that Hester Peirce, the newly appointed head of the SEC's crypto working group, will reach the end of her term in June 2025, which could affect the continuity of the working group. SEC Acting Chair Mark Uyeda announced the formation of this working group the day after Trump took office, aiming to establish a comprehensive regulatory framework for the crypto industry.
Jaret Seiberg, head of TD Cowen's Washington Research Group, said that under SEC rules, chairs and commissioners can serve up to 18 months beyond their official terms. Peirce, long known as the "Crypto Mom" for her support of crypto innovation, has gained backing for this working group from both Uyeda and Atkins.
