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Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote

  • The Senate Banking Committee voted to advance President Trump's nominee, Paul Atkins, as chair of the Securities and Exchange Commission (SEC).
  • The vote was 13 to 11, along party lines.
  • Atkins, a former SEC commissioner, is expected to promote capital formation and provide clarity for digital assets.
  • A Senate vote on confirming Atkins has not been scheduled yet.

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