Trump Picks Paul Atkins to Lead SEC

The video discusses the potential impact of Paul Atkins' confirmation as SEC chair, highlighting his preference for lighter regulation compared to outgoing chair Gary Gensler. Atkins is expected to slow down rule-making and be more market-friendly, especially towards crypto. His past SEC tenure and private sector experience suggest a reduction in fines and enforcement actions.

What criticisms did the crypto industry have regarding Gary Gensler's leadership?

In what ways is Paul Atkins expected to change the enforcement of fines on companies?