Trump announces crypto-friendly Paul Atkins to head the SEC

[Simone Del Rosario]

President-elect Donald Trump just tapped a crypto-friendly face to chair the Securities and Exchange Commission, fulfilling a promise he made to the cryptocurrency community.

Paul Atkins served as an SEC commissioner under President George W. Bush. And in the early 90s he was on the staff of two former SEC chairs, Richard Breeden, a Republican and Arthur Levitt, a Democrat.

Atkins founded Patomak Global Partners which advises banks and investment firms on regulation and compliance.

Trump said in a Truth Social post Wednesday, “Paul is a proven leader for common sense regulations … He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.”

In recent…

Source link