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Former United States Securities and Exchange Commissioner (SEC) Paul Atkins is currently favored to become the SEC Chair under President-elect Donald Trump, according to a recent poll on the prediction market Kalshi.
Kalshi Bettors Favor Ex-SEC Commissioner Paul Atkins
As of Thursday morning, Atkins holds a significant lead with 48 percent, as 68 percent of participating Kalshi bettors have cast their votes in his favor.
Former U.S. Comptroller of the Currency Brian Brooks is in second place with 20 percent of the votes, while current SEC Commissioner Mark Uyeda trails with only seven percent.
Other candidates receiving fewer votes include blockchain attorney Teresa Goody Guillén, SEC General Counsel Robert Stebbins, and SEC Commissioner Hester Peirce.
TRUMP’S TEAM CONSIDERS PAUL ATKINS FOR SEC LEADERSHIP ROLE: REPORT
– President-elect Donald Trump’s team is evaluating Paul Atkins, an experienced financial regulator, to succeed Gary Gensler as Chairman of the Securities and Exchange Commission (SEC), according to Politico.
Who is Paul… https://t.co/3WSWJz31mN pic.twitter.com/ViMp3h960K— BSCN (@BSCNews) November 28, 2024
Atkins’ lead in Kalshi’s poll follows shortly after Fox Business journalist Eleanor Terrett spoke with anonymous sources indicating that Atkins is the preferred choice among Trump’s transition team for the prominent regulatory position.
As reported by Terrett, Atkins – who has previously worked under SEC chairs Richard Breeden and Arthur Levitt – is regarded as “crypto savvy” and possesses a “profound understanding of the agency’s operations.”
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“Atkins is viewed as capable of promoting a pro-innovation agenda while restoring the agency to the so-called ‘gold standard’ that many in the Republican Party believe was lost under outgoing chair Gary Gensler,” Terrett stated in a November 26 post on X.
SEC Chair Gary Gensler Resigning
Current SEC Chair Gary Gensler has faced significant criticism from Trump for his regulation-by-enforcement strategy regarding the blockchain industry, with the former reality television star pledging to dismiss the federal regulator upon his return to the Oval Office.
Just last week, Gensler declared his intention to resign from his role at the federal agency ahead of Trump’s inauguration in January.
“The Securities and Exchange Commission is a remarkable agency,” Gensler remarked in a recent statement. “It has been an honor of a lifetime to serve with them on behalf of everyday Americans and ensure that our capital markets remain the best in the world.”
Shortly after Gensler’s announcement, SEC Commissioner Jaime Lizárraga also expressed his intention to resign from the agency.
“Until my departure in January, I will remain fully engaged in the Commission’s ongoing work and activities,” he stated in a November 22 announcement.
With both Gensler and Lizárraga resigning, Trump will have the authority to appoint their successors, thereby influencing the regulatory trajectory of the SEC.
The post Paul Atkins In The Lead For SEC Chair In Latest Kalshi Poll appeared first on Cryptonews.
