Breaking: SEC Chair Nominee Passes Key Vote
04/03/2025 21:22
SEC Chair nominee Paul Atkins has cleared the Senate Banking Committee
SEC Chair nominee Paul Atkins has cleared the Senate Banking Committee
SEC Chair nominee Paul Atkins has just advanced through the Senate Banking Committee.
The votes were fully split across partisan lines, meaning that not a single Democrat has supported the nomination.
Atkins's nomination will now move to the full Senate, but there will be very little suspense since he is widely expected to be a lock for confirmation.
The former SEC commissioner was nominated to spearhead the agency following a closely watched race to replace Gary Gensler.
Gensler officially left the agency on Jan. 20. The top securities watchdog is currently being spearheaded by Acting Chairman Mark Uyeda.
Under Uyeda's short-lived leadership, the SEC has already established a cryptocurrency task force and abandoned several high-profile enforcement cases against major crypto firms.