Trump's nominee for SEC chairman, Paul Atkins, to face Senate confirmation hearing next week
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Odaily report: Paul Atkins, the nominee for the chair of the U.S. Securities and Exchange Commission (SEC), will attend the Senate Banking Committee confirmation hearing on March 27. If approved, the full Senate will hold a final vote. Atkins, a former SEC commissioner, is a supporter of digital assets and previously founded a financial compliance consulting firm in Washington. He is expected to continue the crypto-friendly regulatory stance promoted by the Trump administration, replacing former SEC chair Gary Gensler, who has been criticized for his "enforcement-style regulation" of the crypto industry. The hearing will also include the nomination of Jonathan Gould as the Comptroller of the Currency (OCC), an agency responsible for regulating U.S. national banks and crucial for crypto firms' efforts to gain banking access and stablecoin issuance oversight. Additionally, the Senate will consider the nomination of Luke Pettit as Assistant Secretary of the Treasury. (CoinDesk)
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