SEC Chair Nominee Paul Atkins to Attend Senate Confirmation Hearing

According to Foresight News, Paul Atkins, the nominee for the U.S. Securities and Exchange Commission (SEC) Chair, is scheduled to attend a confirmation hearing before the Senate Banking Committee on March 27. If confirmed, the full Senate will proceed with a final vote. Atkins is expected to continue the pro-cryptocurrency regulatory stance promoted by U.S. President Donald Trump's administration. Additionally, the Senate will review the nomination of Luke Pettit for the position of Assistant Secretary of the Treasury. Previously, Foresight News reported that the SEC announced the resignation of Gary Gensler as Chair in January. Following his departure, President Trump appointed Mark Uyeda, a crypto-friendly Republican, as the acting SEC Chair until Atkins completes the Senate confirmation process.