Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner, is the leading candidate to chair the agency in President Donald Trump’s administration, according to Fox Business reporter Eleanor Terrett.
Former commissioner Paul Atkins is the top candidate to lead the SEC in Trump’s administration, according to Fox Business Eleanor Terrett. Atkins’ potential leadership could encourage innovation in US crypto regulations, differing from Gary Gensler's enforcement-heavy stance. Trump’s administration may transfer crypto regulatory oversight from the SEC to the CFTC, viewed as more supportive of innovation and the crypto industry.
If Atkins succeeds Gary Gensler, who will leave his position as SEC chair in January 2025, his leadership may promote a more innovation-friendly stance on US crypto regulation, potentially encouraging sector growth. Paul Atkins and Trump’s crypto plans Former SEC commissioner and current Trump adviser Paul Atkins is getting attention for the role he may play in contributing to US regulation of cryptocurrency.
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