Odaily Planet Daily News According to three informed sources, Trump has chosen Paul Atkins to serve as the Chairman of the U.S. Securities and Exchange Commission (SEC). One source revealed that Trump has contacted Atkins and is waiting for his acceptance. Atkins' spokesperson did not immediately respond to requests for comment. Current SEC Chairman Gary Gensler will leave office on January 20. Additionally, Atkins needs to be confirmed by the Senate, unless Trump opts for a recess appointment while the Senate is in recess. Paul Atkins served as a former SEC commissioner during the George W. Bush administration and is known for opposing 'imposing hefty fines on companies that violate securities laws.' He has been supportive of the crypto industry and is still actively involved in his consulting firm Patomak Global Partners, which he founded in 2009. Meanwhile, since 2017, he has also served as co-chair of the industry association Token Alliance, which advocates for the digital asset and blockchain industry. (Unchained Crypto)