Hester Peirce has been nominated to another term as an SEC commissioner.
Her current term expired Friday, though commissioners can remain in their seats up to 18 months after a term's expiration, or until a replacement is confirmed.
If confirmed by the Senate, her term would stretch until June 2025, the White House announced Tuesday.
Ms. Peirce, one of three Republicans on the commission, was originally confirmed in December 2017 and sworn in January 2018. She is a former senior research fellow at the Mercatus Center at George Mason University, where she was director of the financial markets working group. She also previously served as a senior counsel on the Senate Banking Committee and worked at the SEC as a staff attorney and as counsel to former commissioner Paul Atkins.
A big proponent of digital currencies, Ms. Peirce has garnered the nickname "crypto mom." In a February speech now posted on the SEC's website, she proposed introducing a three-year safe harbor for cryptocurrency firms interested in offering tokens so they "could facilitate participation in and the development of a functional or decentralized network, exempted from the registration provisions of the federal securities laws," so long certain conditions are met.
The five-member commission currently has one vacancy, following the departure of Robert Jackson Jr. in February.
