Jonathan Gould, who had previously worked as chief legal officer of the blockchain infrastructure company Bitfury, was confirmed as the US office of the Currency (OCC) Comptroller’s office following a vote in the Senate.
In a vote of 50-45 in the US Senate on Thursday, a majority of lawmakers Vote To confirm Gould to lead the banking regulator. In addition to his work in Bitfury, Gould was a partner with Cleveland-based law firm Jones Day and served as Senior Deputy Comptroller and Chief Counsel from 2018 to 2021.
Gould’s nomination is the latest from US president Donald Trump to meet the Senate since the president’s office in January. The Chamber had earlier voted to confirm Trump’s choice to lead the US Securities and Exchange Commission, Paul Atkins, and it is expected Get a vote For Brian Quintenz to lead the Commodity Futures Trading Commission (CFTC) soon.
https://www.youtube.com/watch?v=vkc5qcrvdc0
It is expected to serve a five-year OCC term, Gould’s confirmation and others have signed a radical change in the leadership of important US regulators, directly directed by the Trump administration. Many inside and outside the government have suggested that some of the president’s choices are sustaining interests in the crypto industry following his 2024 election win, including his Atkins nomination.
Related: The CFTC Chair Pick does not push the President for the Bipartisan Commission
In Gould’s confirmation, the acting OCC head Rodney E. Hood is likely to go down. However, like Thursday, Trump is not named any potential replacements For seats that are expected to open the CFTC in the coming months, except Quintenz.
Brian Brooks, who also served as the acting comptroller of money from 2020 to 2021, was short of Bitfury CEO after his time with the government. The former head of the OCC was the chief legal officer at Coinbase, the CEO of Binance.us, and proceeded to Join the Board of Directors In strategy.
Senate Push for the crypto market structure will enter
Senate lawmakers Set a goal of Sept. 30 To draft, introduce and vote on a bill to promote a market structure for digital ownership, one of the major pieces of law in which many in the crypto industry are promoting.
Republicans at home of representatives announced plans to move forward In the suggested bill of the Chamber market structure, the Digital Asset Market Clarity (CLARITY) Act, beginning Monday. The bill moved to the Committee in June after a long debate, but could still turn away from the Senate efforts.
Magazine: The Genius Act reopened the door for a meta stablecoin, but would it work?
