Trump’s pick for SEC chair makes it out of committee 🏛️
Lawmakers in the US Senate Banking Committee confirmed the nomination of Paul Atkins to become a member of the Securities and Exchange Commission (SEC), setting the stage for a full floor vote in the chamber.
During an executive session on April 3, the committee voted 13-11 to confirm Atkins for two consecutive terms, succeeding former Chair Gary Gensler and serving until 2031.
The nomination will soon reach the Republican-controlled Senate for a full vote, where it's anticipated Atkins will be confirmed.
Committee Chair Tim Scott endorsed Atkins, highlighting his stance on digital assets. However, concerns remain, with Elizabeth Warren warning of potential ramifications with figures like Elon Musk.
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