- A March 27 meeting is being considered for a committee hearing on President-elect Trump’s SEC nominee, Paul Atkins
- U.S. President Donald Trump selected Atkins in December following his election victory
- Atkins previously served as an SEC Commissioner from 2002 to 2008 under former President George W. Bush
Confirmation of Paul Atkins as the next chair of the U.S. Securities and Exchange Commission (SEC) has been delayed while required paperwork is completed.
That update comes from Eleanor Mueller, a Congress reporter for Semafor, who posted the news on X. She wrote that Senate Banking Committee Chairman Tim Scott is eyeing March 27 for a committee hearing on Trump’s nominee to chair the SEC, Paul Atkins, and that the committee has been waiting for the White House to submit his documentation.
Scooplet: Senate Banking Chair Tim Scott is eyeing March 27 for a committee hearing on Trump’s nominee to chair the SEC, Paul Atkins, I’m told.
As I wrote earlier this month, the committee has been waiting for the White House to send over his paperwork: https://t.co/2sDebKDIAI
— Eleanor Mueller (@Eleanor_Mueller) March 17, 2025
President Trump selected Atkins in December to lead the SEC, a pick that signals an intent to adopt a more crypto-friendly regulatory stance. Throughout the campaign and since his election, Trump has emphasized reshaping the regulatory environment for digital finance and clarifying rules for cryptocurrencies.
Mueller added that the Senate Banking Committee plans to hold a bipartisan meeting on Friday, March 21, to discuss Atkins’ nomination as it prepares for the potential hearing.
Financial disclosure
This recent update follows a March 3 report from Semafor detailing how the White House had not yet produced the materials needed to schedule a confirmation hearing for Atkins. Among the outstanding items were his financial disclosures, which drew attention because of his marriage into a wealthy family.
In 1990, Atkins married Sarah Humphreys Atkins, a member of the family behind Tamko Building Products, a U.S. roofing manufacturer. According to a December report in Forbes, Tamko generated approximately $1.2 billion in revenue last year.
One former member of the Senate Banking Committee commented on the situation: “It’s a lot to sort through. But he was nominated early, so I think that’s why people are starting to ask, ‘Why on earth is this taking so long?’”
Atkins previously served as an SEC Commissioner from 2002 to 2008 during the George W. Bush administration. While the agency awaits his confirmation, Mark Uyeda is serving as acting chair. In January, Uyeda established a new cryptocurrency task force intended to help create a clearer regulatory framework for the sector.