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 be a member of Securities and Exchange Commission (SEC), paving the way for a full floor vote in the chamber. In an April 3 executive session of the banking committee, lawmakers voted 13-11 to confirm Atkins for two consecutive terms as an SEC commissioner, taking over former Chair Gary Gensler’s term and another term ending in 2031. Atkins’ nomination will soon go to the Republican-controlled Senate for a full floor vote, where many experts suggest he is also likely to be confirmed. Before calling for a vote, committee chair Tim Scott said Atkins would bring “much-needed clarity for digital assets source: https://cointelegraph.com/news/paul-atkins-sec-donald-trump-senate-banking-vote?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound