The U.S. Senate Committee on Banking, Housing and Urban Affairs voted to advance the nominations of Paul Atkins to be Chair of the Securities and Exchange Commission, Jonathan Gould to be Comptroller of the Currency, Luke Pettit to be Assistant Secretary of the Treasury for Financial Institutions, and Marcus Molinaro to be Federal Transit Administrator. In remarks delivered at the meeting, Chairman Tim Scott linked Atkins’ nomination to priorities including capital formation and regulatory clarity for digital assets, and framed Gould’s nomination around ending “politically motivated debanking” and ensuring financial institutions serve credit-worthy Americans. He also pointed to Pettit’s experience and “commonsense reforms” agenda for the Treasury role, and cited Molinaro’s congressional and local government background for the transit post.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-04-03
U.S. Senate Banking Committee advances nominations of Paul Atkins for Securities and Exchange Commission chair and Jonathan Gould for Comptroller of the Currency
The U.S. Senate Committee on Banking, Housing and Urban Affairs advanced the nominations of Paul Atkins for SEC Chair, Jonathan Gould for Comptroller of the Currency, Luke Pettit for Assistant Secretary of the Treasury for Financial Institutions, and Marcus Molinaro for Federal Transit Administrator. Chairman Tim Scott emphasized Atkins' focus on capital formation and digital asset regulation, Gould's commitment to ending "politically motivated debanking," Pettit's reform agenda, and Molinaro's relevant experience.