CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
coinpedia 2025-03-18 08:19:33

Trump’s SEC Pick Paul Atkins Faces Shocking Delay – Missing Paperwork Stalls Confirmation!

The post Trump’s SEC Pick Paul Atkins Faces Shocking Delay – Missing Paperwork Stalls Confirmation! appeared first on Coinpedia Fintech News Paul Atkins, President Donald Trump’s nominee for the U.S. Securities and Exchange Commission (SEC) chair, is getting closer to securing the position. After months of delays, the Senate is now preparing for a key hearing on March 27, which could finally move his confirmation forward. Delays and Challenges in Atkins’ Confirmation Atkins was nominated on December 4 , but his confirmation process has faced delays due to financial disclosure issues. The Senate needs details about his financial ties, especially his connection to his wife’s billionaire family. Scooplet: Senate Banking Chair Tim Scott is eyeing March 27 for a committee hearing on Trump's nominee to chair the SEC, Paul Atkins, I'm told. As I wrote earlier this month, the committee has been waiting for the White House to send over his paperwork: https://t.co/2sDebKDIAI — Eleanor Mueller (@Eleanor_Mueller) March 17, 2025 His wife’s family is linked to TAMKO Building Products LLC, a large company in the roofing industry that made $1.2 billion in revenue in 2023. Because of these connections, Atkins’ financial holdings are complex and need to be carefully reviewed before he can be confirmed. Despite these delays, Atkins is still expected to become SEC chair. Senate Banking Chair Tim Scott has set a target date of March 27 for a committee hearing on Atkins’ nomination. To prepare for this, the Senate Banking Committee has scheduled a bipartisan meeting this Friday to discuss his potential role. SEC Confirmations Often Take Time If confirmed, Atkins is expected to bring a different approach to crypto regulation. Unlike former SEC Chair Gary Gensler , who took a strict stance against crypto, Atkins is seen as more open to working with the industry. He previously served as an SEC commissioner from 2002 to 2008 and has years of experience as a corporate lawyer. Many in the crypto space believe his leadership could lead to clearer and fairer regulations. What Happens Next? Atkins has been waiting nearly four months since his nomination, but such delays are not uncommon. Both Gary Gensler and Jay Clayton also took months to officially start their roles. Now, with the Senate hearing set for March 27, the confirmation process is finally moving forward. If approved, Atkins could soon bring a new direction for the SEC and the crypto industry.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约