According to informed sources, President-elect Trump's transition team has met with senior financial regulatory figures, including conservative financial insider Paul Atkins, as a candidate for the Chairman of the U.S. Securities and Exchange Commission (SEC). Sources say that Atkins is the leading contender to replace the outgoing Gensler. They indicate that Trump is expected to make a choice in the coming days, but no decision has been made yet. Atkins served as an SEC commissioner during the George W. Bush administration, after which he founded Patomak Global Partners, a consulting firm for major financial industry clients. He is a staunch supporter of digital assets and financial technology companies. He has also testified before Congress on how to restructure the agency's operations and reduce some regulatory requirements that industry insiders consider redundant or overly burdensome.

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