PANews reported on March 18 that, according to Cointelegraph, the U.S. Senate committee hearing will be held on March 27, and Paul Atkins may be one step closer to becoming the new crypto-friendly chairman of the U.S. Securities and Exchange Commission. U.S. President Trump nominated Atkins to lead the SEC on December 4, but his marriage relationship with a billionaire family reportedly raised issues with financial disclosure, delaying his potential start date.

While it is unclear whether the White House has submitted the relevant documents to the Senate, according to Eleanor Mueller's X post on March 17, Senate Banking, Housing and Urban Affairs Committee Chairman Tim Scott plans to hold a hearing on March 27 to review Atkins' qualifications. Mueller also said the Senate Banking Committee plans to hold a bipartisan meeting on March 21 regarding Atkins' nomination.

According to a Forbes report on December 14, 2024, Atkins' wife's family is associated with TAMKO Building Products LLC, a residential roofing tile manufacturer reportedly generating $1.2 billion in revenue in 2023. It has been nearly four months since Trump chose Atkins to lead the SEC on December 4, and more than two months since Trump took office on January 20. However, delays in the SEC chairman's appointment are not uncommon.