U.S. Senate confirms Paul Atkins as new SEC chairman
The U.S. Senate has confirmed Paul Atkins as the new chairman of the Securities and Exchange Commission in a 52-44 vote held on Wednesday, Apr. 9.
Following the confirmation, Atkins has been cleared to lead a regulatory agency currently undergoing major policy changes, according to Reuters. Atkins, a seasoned SEC veteran and outspoken advocate for the crypto industry, was nominated by President Donald Trump to succeed Gary Gensler, who resigned in January following years of conflict with digital asset firms.
Atkins served as a SEC commissioner from 2002 to 2008 under President George W. Bush. Since then, he has led a regulatory consulting firm and advised several financial and crypto startups. He has also co-chaired…