According to BlockBeats, on March 21st, Paul Atkins, the nominee for the position of Chairman of the U.S. Securities and Exchange Commission (SEC), will attend the Senate Banking Committee confirmation hearing on March 27th. If approved, the entire Senate will conduct a final vote. Atkins, a former SEC commissioner and supporter of digital assets, previously founded a financial compliance consulting firm in Washington. He is expected to continue the pro crypto regulatory stance promoted by the Trump administration, succeeding former SEC Chairman Gary Gensler, who has been criticized for his "law enforcement style regulation" of the crypto industry.
The same day's hearing also included Jonathan Gould, the nominee for the Office of the Commissioner of the Currency (OCC), which is responsible for regulating the National Bank of the United States and is crucial for cryptocurrency companies to seek bank access and regulate stablecoin issuance. In addition, the Senate will also consider the nomination of Luke Pettit as Assistant Secretary of the Treasury.
