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Trump picks Steven Levine to replace Crypto Mom Hester Peirce at the SEC

Trump picks Steven Levine to replace Crypto Mom Hester Peirce at the SEC
AI summary

President Donald Trump has nominated Republican lawyer Steven Levine to fill the SEC seat vacated by Hester Peirce, with a term running to June 5, 2030. Peirce, known as "Crypto Mom," had led the SEC's Crypto Task Force before departing the agency on October 2. Levine has said little publicly on crypto, so traders face uncertainty over how the commission's digital-asset stance may shift under a new member.

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