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US Senate panel advances Trump pick Paul Atkins as SEC chairman

ReutersApr 3, 2025 2:25 PM

- The U.S. Senate Banking Committee on Thursday voted to advance President Donald Trump's nominee to run Wall Street's top regulator as well as picks for banking oversight and transportation roles.

In a party-line vote, the committee voted 13-11 to approve Trump's nomination of Paul Atkins for the chair of the U.S. Securities and Exchange Commission and Jonathan Gould to be U.S. Comptroller of the Currency.

The panel also approved the nominations of Luke Pettit, a former Senate staffer who is set to become an assistant secretary of the U.S. Treasury, and Marcus Molinaro, slated to be Federal Transit Administrator.

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