On November 7th, according to Cointelegraph, as Trump prepares to assume the presidency of the United States in January 2025, the crypto community is speculating on the candidate most likely to lead the Securities Exchange Commission (SEC). Crypto lawyer Jake Chervinsky said in an X post that U.S. SEC Commissioner Mark Uyeda is seen as a strong candidate for the position. Uyeda, who was once known for criticizing current SEC Chairperson Gary Gensler's approach to crypto regulation, called Gensler's policies a "disaster for the entire industry" in October. Uyeda, who was appointed as a U.S. SEC commissioner on June 30, 2022, has consistently opposed law enforcement-driven cryptocurrency regulation, winning support from industry advocates seeking a more collaborative approach. Trump promised to fire Gensler on the first day of his presidency, and the crypto community has since speculated that SEC Commissioner Hester Peirce would be a potential contender for the chairpersonship. However, Chervinsky said Peirce's chances of taking a leadership role were "very low," adding that he doubted she would be willing to take a leadership role at the SEC. Chervinsky also said that Trump may want to choose someone else rather than Uyeda to lead the SEC during his term. Moreover, the lawyer stressed that Trump's top crypto policy priority must be to end Biden's attempt to "destroy the industry through law enforcement regulation."