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U.S. Senate is scheduled to hold a hearing on Paul Atkins' qualifications to serve as SEC chairman on March 27
Editor
4 hours ago 3,938
Golden Finance reported that a U.S. Senate committee hearing will be held on March 27, and Paul Atkins may be one step closer to becoming the new crypto-friendly chairman of the U.S. Securities and Exchange Commission. U.S. President Trump nominated Atkins to lead the SEC on December 4, but his marriage to the billionaire family allegedly raised problems in financial disclosures, resulting in the delay in his potential inauguration date. While it is not clear whether the White House has filed documents with the Senate, according to Semafor's Eleanor Mueller in a March 17 post, Senate Banking, Housing and Urban Affairs Chairman Tim Scott plans to hold a March 27 hearing to review Atkins' eligibility. Mueller also said the Senate Banking Committee plans to hold a bipartisan meeting on Atkins' nomination on March 21. According to Forbes on December 14, 2024, Atkins's wife's family is associated with TAMKO Building Products LLC, a residential roof tile manufacturer that reported revenue of $1.2 billion in 2023. It has been nearly four months since Trump chose Atkins to lead the SEC on December 4, and more than two months have passed since Trump took office on January 20. However, it is not uncommon for the SEC chairman to take office.
Keywords: Bitcoin
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