- The US Senate has voted 52-44 to confirm Paul Atkins as the new Chair of the SEC.
On Wednesday, the Senate approved Paul Atkins as the next Chair of the Securities and Exchange Commission (SEC) with a vote of 52-44. This development may bolster morale in the cryptocurrency market, as Atkins has previously supported improved regulations for crypto and has acted as an advisor to various crypto firms.
Confirmed, 52-44: Confirmation of Executive Calendar #61 Paul Atkins to serve as a Member of the Securities and Exchange Commission for the remainder of the term ending June 5, 2026.
— Senate Cloakroom (@SenateCloakroom) April 9, 2025
Following the Senate’s confirmation, President Trump will need to officially sign off on Atkins’ appointment before he can take the oath of office as the new SEC Chair. Additionally, Atkins will need to resign from his position as CEO of Patomak Global Partners to assume his new role.
(Further details to follow)