Trump's SEC Pick Paul Atkins Sparks Crypto Enthusiasm

President-elect Donald Trump has nominated Paul Atkins, a critic of the SEC's climate disclosure rule, to lead the agency. Atkins, known for his support of cryptocurrency and opposition to ESG investing, is expected to roll back regulations requiring companies to disclose climate risks. Environmental groups have criticized the nomination, fearing it will undermine responsible investing efforts. The SEC's climate rule, paused amid legal challenges, was championed by outgoing SEC Chair Gary Gensler, who will step down on Inauguration Day.