Key Takeaways
- Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and City Affairs.
- Simon’s appointment is predicted to affect crypto regulation, selling innovation with investor safety.
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Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and City Affairs, based on his LinkedIn announcement.
Simon beforehand served as counsel to SEC Commissioner Hester M. Peirce, the place he targeted on regulatory insurance policies for crypto belongings and rising monetary applied sciences.
Throughout his tenure on the SEC, he labored to facilitate dialogue between the company and business stakeholders on issues together with advisory consumer asset safety.
His prior roles embrace serving as Chief of Workers and Senior Counsel to the Normal Counsel on the Division of Housing and City Improvement through the Trump Administration.
He additionally labored as Banking Counsel for Senator Ben Sasse, the place he supplied steering on monetary market rules.
Simon holds a J.D. from Columbia Legislation College and a B.A. in Political Science and Economics from Wheaton Faculty, the place he was an FPE Fellow learning religion, politics, and economics.
The Senate Banking Committee is at the moment engaged on legislative initiatives to combine digital belongings into conventional monetary methods.
Simon’s appointment comes because the committee addresses regulatory frameworks for the crypto sector.
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