Trump praised Atkins on Truth Social, calling him "a proven leader for common sense regulations" who understands the importance of digital assets in enhancing the economy.
Consumer groups express concerns over Atkins’ potential direction, fearing he may adopt a looser regulatory stance that could echo the deregulatory policies prior to the 2008 crisis.
Dennis Kelleher of Better Markets acknowledged Atkins' qualifications but cautioned against his history of supporting deregulation during his SEC tenure, which contributed to past financial crises.
Atkins’ support for innovative capital markets and cryptocurrencies aligns with Trump’s agenda, indicating a shift towards more lenient oversight in financial regulations under a new administration.
Collection
[
|
...
]