PANews reported on March 28 that according to CoinDesk, U.S. Senator Elizabeth Warren severely criticized Paul Atkins at his nomination hearing for SEC Chairman, accusing Atkins of long-term profiteering for billionaire CEOs (such as Sam Bankman-Fried) and helping these people become richer. Warren also said: "He made almost all of his judgments wrong on the eve of the biggest financial crisis in the United States since the Great Depression, and such a resume is not worthy of promotion."