PANews reported on March 19 that according to Crypto In America, Commissioner Hester Peirce, who has held the Republican seat of the U.S. Securities and Exchange Commission (SEC) since being appointed by President Trump in 2018, said in an interview that she hopes to complete her work as soon as possible before the end of her term, suggesting that she will not seek re-election. Peirce is currently also the head of the SEC's cryptocurrency task force, dedicated to providing regulatory clarity for digital assets. She said that although her term will expire in June , she hopes to resolve the problem as soon as possible and avoid setting up a dedicated crypto task force. Peirce also emphasized that she attaches great importance to protecting peer-to-peer interactions between developers and users, and supports providing clearer regulations for the crypto market, especially in areas such as staking.