Paul Atkins to be confirmed by Senate today? Cloture vote reportedly scheduled for later today
The post Paul Atkins to be confirmed by Senate today? Cloture vote reportedly scheduled for later today appeared on BitcoinEthereumNews.com.
Senate cloture vote scheduled for 11:30 a.m. ET on April 9. Final confirmation may happen the same day by 7:00 p.m. Atkins is known for supporting innovation and market-led growth. The US Securities and Exchange Commission (SEC) is nearing a pivotal leadership change that could influence the regulatory environment for cryptocurrencies and financial innovation. Paul Atkins is expected to be confirmed as the next SEC chairman within days, replacing acting chairman Mark Uyeda. With a key cloture vote reportedly scheduled in the Senate at 11:30 a.m. ET on April 9 and a potential final confirmation vote as early as 7:00 p.m. that same day, Atkins could assume office before the end of the week. This transition may alter the trajectory for crypto ETFs and reshape the agency’s enforcement priorities. Senate vote set for April 9 The confirmation process for Paul Atkins is moving quickly. The US Senate has scheduled a cloture vote, which, if successful, will limit further debate and allow a final vote on the same day. Atkins is expected to clear both hurdles, making him the new SEC chairman before the end of the week. Atkins has previously served as a commissioner at the SEC and is well-known in financial policy circles. His expected return comes at a time when the commission is at the centre of key regulatory decisions involving digital assets, enforcement actions, and exchange-traded products tied to cryptocurrencies. Uyeda’s term ends this week Currently, the SEC is led by acting chairman Mark Uyeda, who stepped in following the departure of Gary Gensler. Uyeda has overseen a notable shift in tone at the agency. During his tenure, the SEC finalised its long-running lawsuit with Ripple, which had become a symbol of regulatory tension in the crypto space. Uyeda also adopted a less combative enforcement strategy, focusing…
Filed under: News - @ April 9, 2025 6:15 pm