Senator Tim Scott supports Paul Atkins for SEC chairman

Ranking Member Tim Scott (R-SC) of U.S. Senate Committee on Banking, Housing, and Urban Affairs. - https://www.banking.senate.gov/about/ranking-member
Ranking Member Tim Scott (R-SC) of U.S. Senate Committee on Banking, Housing, and Urban Affairs. - https://www.banking.senate.gov/about/ranking-member
0Comments

U.S. Senator Tim Scott has issued a statement regarding his meeting with Paul Atkins, who has been nominated by President Trump to serve as the Chairman of the Securities and Exchange Commission (SEC).

In his statement, Senator Scott emphasized Atkins’ experience in financial regulation and his advocacy for policies that support capital formation and job creation. “Throughout his career, Paul Atkins has championed policies that promote capital formation and job creation, and his extensive experience in financial regulation will be critical to reversing the harm Gary Gensler has done to our capital markets,” said Scott.

Scott also highlighted Atkins’ understanding of regulatory clarity concerning digital assets. “Commissioner Atkins also understands the importance of regulatory clarity for the digital assets industry and the millions of Americans who want access to this asset class,” he stated.

Senator Scott expressed eagerness to work with colleagues on considering Atkins’ nomination promptly.



Related

Tiff Macklem Governor

Bank of Canada Governing Council discusses policy decision for April 29, 2026 meeting

The Bank of Canada has published a summary detailing its Governing Council’s discussions ahead of its April 29 monetary policy decision. Key topics included global impacts from geopolitical tensions, domestic economic indicators, inflation trends, and considerations regarding future interest rate changes.

Elvira Nabiullina Governor of the Central Bank of Russia

Retail investments in corporate bonds reach record high in April

Retail investors set a new record for corporate bond purchases in April amid rising oil prices and securities quotes. The Bank of Russia reported increased demand for both domestic bonds and foreign currency among individuals.

Elvira Nabiullina, Governor of the Central Bank of Russia

Mortgage repayment performance improves for loans issued in 2025

New data show that mortgage delinquencies have decreased for loans issued in 2025 compared with previous years. Banks are focusing on careful borrower assessment amid regulatory changes from the Bank of Russia. More older individuals are receiving mortgages while demand shifts across other types of consumer lending.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Fiat Reporter.