The U.S. Senate will hold a hearing on Paul Atkins' qualifications to serve as SEC Chairman on March 27

PANews March 18 news, according to Cointelegraph, the U.S. Senate committee hearing will be held on March 27, and Paul Atkins may be one step closer to becoming the new cryptocurrency-friendly chairman of the U.S. Securities and Exchange Commission. U.S. President Trump nominated Atkins to lead the SEC on December 4, but his marriage to the billionaire family allegedly caused problems in financial disclosure, causing his potential date of taking office to be postponed.

While it is unclear whether the White House has submitted the relevant documents to the Senate, according to Semafor's Eleanor Mueller in a March 17 X post, Senate Banking, Housing and Urban Affairs Committee Chairman Tim Scott plans to hold a hearing on March 27 to review Atkins' qualifications. Mueller also said that the Senate Banking Committee plans to hold a bipartisan meeting on Atkins' nomination on March 21.

According to a December 14, 2024 report by Forbes, Atkins' wife's family is associated with TAMKO Building Products LLC, a residential roof tile manufacturer with reported revenues of $1.2 billion in 2023. Nearly four months have passed since Trump selected Atkins to lead the SEC on December 4, and more than two months have passed since Trump took office on January 20. However, delays in the appointment of SEC chairmen are not uncommon.