Senate committee passes Trump’s pick Paul Atkins as SEC chair

The Banque Committee of the American Senate voted 13-11 according to the parties to advance President Donald Trump’s candidate, Paul Atkins, for the president of the SEC.

The appointment is now going to a full vote in the Senate, according to in Reuters.

The chairman of the committee, senator Tim Scott, congratulated Atkins for his regulatory experience and his commitment to depoliticize financial surveillance, while Democratic Senator Elizabeth Warren nominating And criticized the administration deregulation program.

No democrat has argued his appointment.

The senatoric banking committee also advanced Jonathan Gould to direct the office of the Currency Controller.

Atkins Trump’s embrace

Atkins served As a SEC commissioner from 2002 to 2008, appointed by President George W. Bush. During his mandate, Atkins argued for a reduction in regulatory charges and promoted financial innovation.

In December 2024, President Trump announced its intention To appoint Atkins as the next president of the SEC, highlighting his support for common sense regulations and robust capital markets.

Atkins is known for its pro-Crypto-Monnaie position, after criticizing the dry approach to digital assets under former president Gary Gensler. He called for a rational regulatory framework for cryptography and advocated deregulation in order to promote investment and capital training.

The appointment of Atkins has attracted the support of various organizations and political figures of the industry, pointing out a potential change to a more user -friendly regulatory environment.