Trump’s SEC Pick Paul Atkins Clears Committee, Heads to Full Senate
- US Senate Banking Committee voted 13-11 in favor of Paul Atkins’ nomination
- He previously served as an SEC commissioner from 2002 to 2008
- Atkins’ nomination didn’t get approval from Democrats
Today, the US Senate Banking Committee voted 13-11 along party lines to advance President Donald Trump’s nominee, Paul Atkins, for SEC Chair. The nomination now proceeds to the full Senate approval for a confirmation vote. In addition, Jonathan Gould has been picked as the US Comptroller of the Currency.
Paul Atkins previously served as an SEC commissioner from 2002 to 2008, where he was known for advocating deregulatory policies. His nomination has been met with both support and criticism.
Republican Senator Tim Scott praised Atkins for his experience and his stated intent to depoliticize financial regulation and provide clarity for digital assets.
Support Clashes with Concerns Over Past, Potential Conflicts
On the other hand, Democratic Senator Elizabeth Warren expressed concerns, citing Atkins’ past regulatory decisions and potential conflicts of interest due to his advisory roles in the financial sector. She also referenced the current administration…
The post Trump’s SEC Pick Paul Atkins Clears Committee, Heads to Full Senate appeared first on Coin Edition.
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Trump’s SEC Pick Paul Atkins Clears Committee, Heads to Full Senate
- US Senate Banking Committee voted 13-11 in favor of Paul Atkins’ nomination
- He previously served as an SEC commissioner from 2002 to 2008
- Atkins’ nomination didn’t get approval from Democrats
Today, the US Senate Banking Committee voted 13-11 along party lines to advance President Donald Trump’s nominee, Paul Atkins, for SEC Chair. The nomination now proceeds to the full Senate approval for a confirmation vote. In addition, Jonathan Gould has been picked as the US Comptroller of the Currency.
Paul Atkins previously served as an SEC commissioner from 2002 to 2008, where he was known for advocating deregulatory policies. His nomination has been met with both support and criticism.
Republican Senator Tim Scott praised Atkins for his experience and his stated intent to depoliticize financial regulation and provide clarity for digital assets.
Support Clashes with Concerns Over Past, Potential Conflicts
On the other hand, Democratic Senator Elizabeth Warren expressed concerns, citing Atkins’ past regulatory decisions and potential conflicts of interest due to his advisory roles in the financial sector. She also referenced the current administration…
The post Trump’s SEC Pick Paul Atkins Clears Committee, Heads to Full Senate appeared first on Coin Edition.
Read More