Paul Atkins, the nominee for SEC chair by President Donald Trump, is moving closer to confirmation, with a Senate hearing scheduled for March 27. Initially nominated on Dec. 4, delays arose due to unresolved financial disclosures related to his marriage into a billionaire family. Senate Banking Committee Chair Tim Scott expressed optimism about this date, citing it as a sign of increasing momentum despite the lack of clarity concerning Atkins’ paperwork. A bipartisan meeting is anticipated on March 21 to further discuss his nomination. If confirmed, Atkins aims to take a more collaborative regulatory approach towards the crypto industry compared to the previous chair, Gary Gensler. It has been nearly four months since Atkins' nomination, and a late start is not unprecedented, as seen with previous SEC chairs.

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