DONALD TRUMP NOMINATED PAUL ATKINS FOR THE POSITION OF SEC CHAIR
U.S. President-elect Donald Trump officially nominated Paul Atkins for the position of SEC Chair. The politician announced this on his social media platform Truth Social.
"Paul is a proven leader in common-sense regulation. He believes in the prospects of reliable, innovative capital markets that meet the needs of investors and provide capital to make our economy the best in the world," Trump stated.
He also noted the nominee's understanding of digital assets. Atkins is a board member of the non-profit organization The Digital Chamber. The group promotes and lobbies for blockchain technology, bitcoin, and other cryptocurrencies in U.S. political circles.
From 2002 to 2008, Atkins served as an SEC commissioner, where, according to Trump, he "strongly advocated for transparency and investor protection."
After leaving public service, the candidate founded and led the consulting firm Patomak Global Partners. Its clients include representatives from the blockchain industry.