SEC Commissioner Hester Peirce to leave post on Oct. 2
Peirce, known as “Crypto Mom,” served on the SEC for about eight years, including as director of the Crypto Task Force.
SEC Commissioner Hester Peirce announced her planned resignation from the United States Securities and Exchange Commission (SEC), effective October 2. Nicknamed "Crypto Mom" for her promotion of clear, rule-based regulation in the crypto industry, Peirce served on the SEC for approximately eight years, including a stint as director of the agency's Crypto Task Force since February 2025.
Her resignation letter, shared on her X account, expressed gratitude for the honor of her professional lifetime serving as a commissioner and praised the leadership of the remaining commissioners, Paul Atkins and Mark Uyeda, both Republicans. Peirce's tenure at the SEC was set to end in June 2025, but commissioners can serve up to 18 months post-expiration without a replacement.
No immediate replacement is expected, as Caroline Crenshaw, the previous Democratic commissioner, left her seat in January 2025, with no nominations made by President Donald Trump. Since Trump's inauguration in January 2025, the SEC has shifted its approach to crypto regulation and enforcement, discontinuing several enforcement actions and investigations involving crypto companies and individuals tied to Trump.
Peirce's departure leaves a gap in the SEC's regulatory focus on digital assets and decentralized systems, as her Crypto Task Force has been examining how existing securities laws should apply to these areas.
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