Trump Picks Atkins, Ex-SEC Commissioner, to Succeed Gensler
- Atkins is a proponent of cryptocurrency, fintech companies
- SEC will play leading role implementing Trump’s crypto policy
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Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds.
Trump selected Atkins to replace outgoing Chair Gary Gensler, whose ambitious plans focusing on climate-risk disclosures, crypto crackdowns and stock-trading regulations drew resistance from Wall Street. Gensler has said he plans to depart on Jan. 20.