The Senate confirmed Paul Atkins as the next Securities and Exchange Commission (SEC) leader.
Atkins, a former Republican SEC commissioner, was greenlighted by the Senate in a 52-44 vote on Wednesday evening.
President Trump nominated Atkins, a Wall Street consultant, to the head the independent financial regulator, describing him as a “proven leader for common sense regulations.”
“He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World,” Trump said of Atkins in December last year.