President-elect Donald Trump says he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
“He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social.
Sure, he's not Sam Bankman Fried. That said he headed the SEC during a deregulatory period that finished with the 2007-8 crisis. And he advocates for capital markets deregulation today.