Trump Nominates Pro-Crypto Paul Atkins as SEC Chair
President-elect Donald Trump has nominated Paul Atkins to be the U.S. Securities and Exchange Commission chair, replacing Gary Gensler, who plans to step down on Jan. 20.
In a statement on Truth Social, Trump said Atkins “recognizes that digital assets and other innovations are crucial to Making America Greater than Ever Before.”
Atkins is a former Republican SEC Commissioner who served under the George W. Bush administration. After leaving the SEC, he founded consulting firm Patomak Global Partners for financial industry clients. He is an advisor for The Digital Chamber, a crypto trade group, and Securitize, a BlackRock-backed blockchain startup.