CandleFocus Kraken's founder Jesse Powell backs Brian Brooks for SEC Chair
2024-11-20
Author: Content Editor
Jesse Powell, founder of Kraken exchange, voiced strong support for Brian Brooks, former acting US Comptroller of the Currency, as the next Chair of the SEC. Powell praised Brooks' broad expertise and criticized the SEC's current state. Brooks is being considered for various financial regulatory roles. Other potential candidates for SEC Chair include Dan Gallagher, Hester Peirce, Mark Uyeda, and Christopher Giancarlo. Prediction markets rank Brooks' chances at 16%. Brooks emphasized the groundwork laid during Trump's administration and the opportunity for the next SEC Chair to advance the crypto industry.
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