The US Senate has confirmed US President Donald Trump pick Paul Atkins as chair of the Securities and Exchange Commission in a 51-45 vote, with lawmakers largely voting along party lines.
His appointment comes several months after Trump named Atkins to lead the commission late last year.
Atkins previously served as an SEC commissioner between 2002 and 2008.
He will take over from Mark Uyeda, who has served as the SEC’s acting chair since Jan. 20.
”We welcome Paul Atkins as the next Chairman of the SEC. A veteran of our Commission, we look forward to him joining with us, along with our dedicated staff, to fulfill our mission on behalf of the investing public,” Uyeda and Commissioners Hester Peirce and Caroline Crenshaw wrote in an April 9 statement.
This is a developing story, and further information will be added as it becomes available.