Trump Nominates Steven Levine to Replace Hester Peirce at SEC

Trump nominates Steven Levine — US President Donald Trump has nominated Steven Levine to succeed former SEC Commissioner Hester Peirce, a prominent crypto advocate, as part of four nominations to fill vacancies at the SEC and CFTC.
The White House announced the nominees on Thursday, with two picks each for the SEC and the Commodity Futures Trading Commission. All four nominations require confirmation by the US Senate. The SEC currently has only two of its five commissioner seats filled, while the CFTC has just one.
Levine, a Republican, was nominated for an SEC term ending in 2030, replacing Peirce, who left the agency in October. Peirce was a leading voice for clearer crypto rules at the SEC, while Levine’s specific views on digital asset regulation are less publicly known. Trump also nominated former CFTC Commissioner Kristin Johnson, a Democrat, for the SEC seat held by Caroline Crenshaw.
For the CFTC, Trump nominated Republicans Nathan Anonick and Democrat Matthew Rowland, both of whom worked on the Clarity Act. The nominations come weeks before Democrats are set to take control of the Senate in January, creating a narrow window for confirmation.
Original reporting: Cointelegraph.com News