Key Takeaways
- Ammon Simon has been named Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs.
- Simon’s appointment is expected to have a significant impact on crypto regulation, balancing innovation with investor protection.
Ammon Simon’s recent appointment as Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs was announced in a post on his LinkedIn profile.
Prior to this role, Simon served as counsel to SEC Commissioner Hester M. Peirce, focusing on regulatory policies related to crypto assets and emerging financial technologies.
During his time at the SEC, he played a key role in fostering communication between the agency and industry stakeholders, particularly on issues concerning advisory client asset protection.
In addition to his experience at the SEC, Simon has also held positions such as Chief of Staff and Senior Counsel to the General Counsel at the Department of Housing and Urban Development under the Trump Administration.
Furthermore, he served as Banking Counsel for Senator Ben Sasse, where he provided expertise on financial market regulations.
Simon is a graduate of Columbia Law School, holding a J.D., and Wheaton College, where he earned a B.A. in Political Science and Economics. At Wheaton College, he was a recipient of the FPE Fellowship, focusing on the intersection of faith, politics, and economics.
The Senate Banking Committee is currently engaged in developing legislative strategies to incorporate digital assets into traditional financial systems.
Simon’s appointment is timely as the committee navigates the complex landscape of regulatory frameworks for the evolving crypto sector.