Insiders: Trump has chosen Paul Atkins to be the SEC Chairman

2024-12-04 07:18:15

Collection

According to ChainCatcher, Trump has chosen Paul Atkins to serve as the chairman of the U.S. Securities and Exchange Commission (SEC), according to three people familiar with the matter. One source revealed that Trump has reached out to Atkins and is awaiting his acceptance. Atkins' spokesperson did not immediately respond to a request for comment.

Current SEC Chairman Gary Gensler will leave office on January 20. Additionally, Atkins will need to be confirmed by the Senate, unless Trump opts for a recess appointment during the Senate's recess. Paul Atkins previously served as an SEC commissioner during the George W. Bush administration and is known for opposing "high fines for companies that violate securities laws." He has been a supporter of the cryptocurrency industry and is still active in his consulting firm, Patomak Global Partners, which he founded in 2009. Meanwhile, since 2017, he has also served as co-chair of the Token Alliance, an industry association advocating for digital assets and the blockchain industry.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.