On March 28, crypto journalist Eleanor Terrett tweeted, "A Senate assistant revealed that the committee will not vote on Paul Atkins or other nominees today, which is customary. Nominees will be asked to answer questions submitted before voting. The vote will be conducted later, with the specific date to be determined."
Previously reported, on March 21, Paul Atkins, the nominee for SEC Chairman, was scheduled to attend a confirmation hearing before the Senate Banking Committee on March 27. If approved, the full Senate will conduct a final vote. Atkins, a former SEC Commissioner and a supporter of digital assets, previously founded a financial compliance consulting firm in Washington. He is expected to continue the crypto-friendly regulatory stance promoted during the Trump administration, replacing former SEC Chairman Gary Gensler, who has been criticized for his "enforcement-style regulation" of the crypto industry.