{"id":10620,"date":"2025-04-10T17:05:44","date_gmt":"2025-04-10T09:05:44","guid":{"rendered":"https:\/\/tingchao.xyz\/?p=10620"},"modified":"2025-04-10T17:05:48","modified_gmt":"2025-04-10T09:05:48","slug":"trump-sec-chair-pick-paul-atkins-confirmed-by-senate","status":"publish","type":"post","link":"https:\/\/tingchao.xyz\/?p=10620","title":{"rendered":"Trump SEC Chair pick Paul Atkins confirmed by Senate"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

The Senate confirmed Paul Atkins as the next Securities and Exchange Commission (SEC) leader.<\/p>\n\n\n\n

Atkins, a former Republican SEC commissioner, was greenlighted by the Senate in a 52-44 vote on Wednesday evening.<\/p>\n\n\n\n

President Trump nominated Atkins, a Wall Street consultant, to the head the independent financial regulator, describing him as a \u201cproven leader for common sense regulations.\u201d<\/p>\n\n\n\n

\u201cHe believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World,\u201d Trump said of Atkins in December last year.<\/p>\n\n\n\n

Atkins, who served as SEC\u2019s commissioner from 2002 to 2008, will take the helm of the agency that enforces laws against market manipulation.<\/p>\n\n\n\n

Trump on tariff pause<\/p>\n\n\n\n

Next<\/p>\n\n\n\n

Stay<\/p>\n\n\n\n

Under Atkins, the SEC is expected to reduce corporate disclosures, cut back on regulation and be more crypto-friendly, particularly compared to previous chair Gary Gensler, who had a more hardline approach to the industry.<\/p>\n\n\n\n

Gensler, who served as SEC chair for nearly the entirety of former President Biden\u2019s term, stepped down ahead of Trump\u2019s inauguration, saying in November last year that the SEC \u201chas met our mission and enforced the law without fear or favor.\u201d<\/p>\n\n\n\n

Senate Banking Committee Chairman Tim Scott (R-S.C.) applauded Atkins\u2019 confirmation, stating on Wednesday that the CEO of Patomak Global Partners \u201cbrings a wealth of experience and dedication to safeguarding our capital markets.\u201d<\/p>\n\n\n\n

\u201cHis tenure will mark a pivotal moment to roll back harmful Biden-era policies, promote capital formation, and enhance opportunities for retail investors,\u201d Scott said. \u201cChairman Atkins will also provide regulatory clarity for digital assets, allowing American innovation to flourish, and ensuring we remain competitive on the global stage.\u201d<\/p>\n\n\n\n

Last week, Atkins was advanced out of the Senate Banking panel with a 13-11 vote. His nomination was opposed by a number of Democrats, including Sen. Elizabeth Warren (D-Mass.), the ranking member of the committee, who previously said Atkins voted in \u201csupport of several deregulatory measures that contributed to the near collapse of the banking and financial system in 2007 and 2008.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The Senate confirmed Paul Atkins as the next Securities and Exchange Commission (SEC) leader. Atkins, a former Republican SEC commissioner, was greenlighted by the Senate in a 52-44 vote on Wednesday evening. President Trump nominated Atkins, a Wall Street consultant, to the head the independent financial regulator, describing him as a \u201cproven leader for common […]<\/p>\n","protected":false},"author":6,"featured_media":10621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[3245,3031,1724],"class_list":["post-10620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-atkins","tag-sec","tag-trump"],"yoast_head":"\nTrump SEC Chair pick Paul Atkins confirmed by Senate - LISTEN WORLD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tingchao.xyz\/?p=10620\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump SEC Chair pick Paul Atkins confirmed by Senate - LISTEN WORLD\" \/>\n<meta property=\"og:description\" content=\"The Senate confirmed Paul Atkins as the next Securities and Exchange Commission (SEC) leader. Atkins, a former Republican SEC commissioner, was greenlighted by the Senate in a 52-44 vote on Wednesday evening. 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