The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Senator Tim Scott following his meeting with Paul Atkins, President Trump’s nominee to serve as Chair of the Securities and Exchange Commission. Scott said Atkins has championed policies aimed at capital formation and job creation and argued that Atkins’ regulatory experience would be critical to reversing what he described as harm to capital markets under SEC Chair Gary Gensler. He also highlighted Atkins’ focus on regulatory clarity for the digital assets industry and said he looked forward to working with colleagues to quickly consider the nomination.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-01-07
U.S. Senate Committee on Banking, Housing and Urban Affairs publishes Tim Scott statement supporting Paul Atkins as SEC chairman nominee
Senator Tim Scott expressed support for Paul Atkins, President Trump’s nominee for Chair of the Securities and Exchange Commission, citing his focus on capital formation, job creation, and regulatory clarity for digital assets. Scott emphasized Atkins' regulatory experience as crucial for addressing perceived issues under current SEC Chair Gary Gensler.