Ammon Simon Appointed Chief Counsel for US Senate Committee on Banking, Housing, and Urban Affairs
Key Takeaways
- Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs.
- Simon’s appointment is expected to influence crypto regulation, promoting innovation with investor protection.
Ammon Simon has recently announced his appointment as the Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs through a post on his LinkedIn profile.
Prior to this role, Simon served as counsel to SEC Commissioner Hester M. Peirce, where he specialized in regulatory policies concerning crypto assets and emerging financial technologies.
During his time at the SEC, Simon actively engaged in facilitating discussions between the regulatory body and industry stakeholders, particularly focusing on issues related to advisory client asset protection.
With a background that includes being the Chief of Staff and Senior Counsel to the General Counsel at the Department of Housing and Urban Development during the Trump Administration, Simon brings a wealth of experience to his new position.
Furthermore, his past role as Banking Counsel for Senator Ben Sasse involved providing strategic guidance on financial market regulations, showcasing his expertise in navigating complex regulatory landscapes.
Simon is a graduate of Columbia Law School with a J.D. degree and holds a B.A. in Political Science and Economics from Wheaton College, where he was also an FPE Fellow concentrating on the intersection of faith, politics, and economics.
As the Senate Banking Committee focuses on advancing legislative initiatives to incorporate digital assets into traditional financial systems, Simon’s appointment holds significance in shaping regulatory frameworks for the crypto sector.
His expertise and background are expected to play a vital role in promoting innovation in the industry while ensuring adequate protection for investors.