According to Fox News, former CFTC Chairperson Chris Giancarlo is expected to assume the chairpersonship of the SEC. It is reported that Chris Giancarlo is a former chairperson of the US Commodity Futures Trading Commission (CFTC) and one of the founders of Digital Dollar. He has in-depth insights into the development of Web3 and digital currencies. He has participated in several discussions on cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins, and has emphasized the importance of these emerging technologies and financial instruments for the future.