Reported 4 days ago
Paul Atkins, nominated by Trump to lead the SEC, is under scrutiny for his close connections to Wall Street and digital-asset companies. At his confirmation hearing, he faced strong opposition from Democrats questioning his potential conflicts of interest given his past work and financial holdings. Despite criticism, proponents believe his leadership could roll back regulations beneficial to capital formation and the crypto industry. Atkins committed to divesting from his financial interests and emphasized the need for clearer regulations within the SEC.
Source: YAHOO