President-elect Donald Trump reportedly interviewed Paul Atkins for the position of SEC Chair. Several reports claimed that Atkins is the current favorite for the role, boosting his prediction market odds.

Atkins previously served as the SEC Chair and pursued crypto advocacy in the private sector after his tenure concluded.

Paul Atkins: The Next SEC Chair?

According to a Bloomberg report, Trump is considering Atkins to be a leading candidate for this role. Since 2020, Atkins has been serving on the advisory board of the Chamber of Digital Commerce. He’s a known advocate for blockchain development and investments.

If selected, Atkins will replace Gary Gensler in late January once Trump takes office. The current SEC chair announced his impending resignation earlier this month while also defending his pessimistic perspective towards the crypto market.

“Atkins is someone who is not only crypto-savvy but possesses a deep understanding of the inner workings of the agency as both a former commissioner and staffer. Atkins is seen as being capable of establishing a pro-innovation agenda while returning the agency to a … standard many… feel was lost under… Gensler,” claimed Fox Business reporter Eleanor Terrett.

Donald Trump has sworn to support crypto through a sweeping plan of appointments and reforms in his upcoming administration. Although Trump plans to

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Author: Landon Manning