A U.S. Senate committee hearing will take place on March 27, and Paul Atkins may be one step closer to becoming the new crypto-friendly chair of the Securities Exchange Commission. President Donald Trump nominated Atkins to lead the SEC on December 4, but his marriage to the billionaire family is said to have caused problems with financial disclosures, leading to a delay in his potential appointment date.
While it is unclear whether the White House has submitted the documents to the Senate, according to Semafor's Eleanor Mueller in a March 17 X post, Senate Banking, Housing and Urban Affairs Chairperson Tim Scott is scheduled to hold a hearing on March 27 to review Atkins' qualifications. Mueller also said that the Senate Banking Committee plans to hold a bipartisan meeting on Atkins' nomination on March 21.
According to a report by Forbes on December 14, 2024, the family of Atkins' wife is affiliated with TAMKO Building Products LLC, a manufacturer of residential roof tiles, which is reported to have revenues of $1.20 billion in 2023. It has been nearly four months since Trump chose Atkins to lead the SEC on December 4, and more than two months since Trump took office on January 20. However, delays in the appointment of the SEC chairperson are not uncommon.
The US Senate is scheduled to hold a hearing on Paul Atkins' eligibility to serve as SEC chairperson on March 27
2025-03-18 00:48:21
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