Trump’s pick for SEC chair makes it out of committee

US lawmakers in the Senate Banking Committee voted to advance four of President Donald Trump's picks for crucial government positions, including prospective SEC chair Paul Atkins.

Lawmakers on the US Senate Banking Committee voted to advance the nomination of Paul Atkins to be chair of the Securities and Exchange Commission (SEC), paving the way for a full floor vote in the chamber.

In an April 3 executive session of the banking committee, lawmakers voted 13-11 for Atkins to serve two consecutive terms as an SEC commissioner, taking over former Chair Gary Gensler’s term ending in June 2026 and another term ending in 2031.

Atkins’ nomination will soon go to the Republican-controlled Senate for a full floor vote, where many experts suggest he is likely to be confirmed.

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