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Coin Edition 2025-03-18 17:15:00

SEC Nominee Update: Senate Hearing for Paul Atkins Set for March 27th

SEC Nominee Update: Senate Hearing for Paul Atkins Set for March 27th

Former SEC commissioner Paul Atkins has been nominated by Trump to lead the SEC, Atkins’ Senate confirmation hearing has been delayed due to pending financial disclosure paperwork. While awaiting confirmation, the SEC has dropped multiple lawsuits against cryptocurrency firms While President Donald Trump nominated former SEC commissioner Paul Atkins, a known supporter of digital assets, to lead the Securities and Exchange Commission (SEC) as early as December 2024, his confirmation has faced delays. The latest development is that Senate Banking Chair Tim Scott is targeting March 27th for a committee hearing on Atkins, potentially bringing the confirmation process closer to a resolution. Why Has There Been a Delay? The hold-up in Atkins’ Senate confirmation hearing has primarily been due to outstanding financial disclosure paperwork. This administrative hurdle has kept the nomination in limbo for several months, creating uncertainty within the cryptocurrency industry, which anticipates a more favorable regulatory approach under his leadership. According to a report by Semafor, the Senate Banking Committee, led by Chair Tim Scott, is aiming to ho… The post SEC Nominee Update: Senate Hearing for Paul Atkins Set for March 27th appeared first on Coin Edition .

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