Brian Brooks, a board member of Hedera and former CEO of Binance US, has emerged as a leading candidate to replace Gary Gensler as the Chairman of the U.S. Securities and Exchange Commission (SEC). His potential nomination by former President Donald Trump has sparked significant market activity, with the price of Hedera's cryptocurrency, HBAR, surging 53% in just 24 hours. This increase has contributed to a remarkable 137% rise over the past week, with trading volumes also spiking by 244%. Brooks is seen as a preferable choice for the role, with many in the crypto community advocating for his appointment to foster innovation and restore confidence in the regulatory framework. The current SEC chair position is legally held until 2026, and Brooks has overtaken Dan Gallagher as the odds-on favorite to succeed Gensler.