PANews reported on March 27 that Fox Business News reporter Eleanor Terrett tweeted that Paul Atkins, the SEC chairman nominated by President Trump, plans to abandon the harsh law enforcement methods of the previous administration: "Industry experience and focused application are needed to ensure that customers and investors benefit from efficient, effective and well-designed regulation. Our SEC mission should be to promote these efforts and use law enforcement powers when necessary to correct and rectify willful behavior." Regarding digital assets: "My first priority as chairman is to work with my fellow commissioners and Congress to provide a solid regulatory foundation for digital assets through a reasonable, coherent and principled approach."