US senators have confirmed Donald Trump’s pick, Paul Atkins, as the next Chairperson of the Securities and Exchange Commission (SEC).
Atkins had been working as a financial consultant for various companies since leaving his SEC Commissioner role in 2008.
Senator Tim Scott has expressed optimism that Atkins will take a friendly approach toward crypto to help Trump realize his dream of making America the world’s crypto hub.
The US Senate delayed Atkins' confirmation due to his failure to file certain financial disclosures tied to his wife, Sarah Humphreys.