The Senate Banking Committee on April 3, 2025, voted 13 to 11 to advance the nomination of Paul Atkins to be the chair of the Securities and Exchange Commission (SEC).
The nomination now heads to the full Senate, and Atkins is closer to becoming the chair of the agency that is undergoing a dramatic transformation during the Trump administration–not only with the overall efforts to streamline the federal government but also because the agency will keep going full steam ahead with deregulatory efforts.