Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair

Trump picked Atkins, a former SEC commissioner, to head the agency. Known for his support of cryptocurrencies, Atkins could help shape regulations for the industry.

Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair
Paul Atkins, left, talks to then SEC Chair Christopher Cox during a House Financial Services Committee hearing on Capitol Hill in Washington, D.C., on June 26, 2007. Atkins was then an SEC commissioner, and he has now been picked by President-elect Trump as the next head of the agency.

Trump picked Atkins, a former SEC commissioner, to head the agency. Known for his support of cryptocurrencies, Atkins could help shape regulations for the industry.

(Image credit: Mark Wilson)