Washington, D.C. – Tim Scott, the Ranking Member from South Carolina, issued a statement regarding President Trump's nomination of Paul Atkins as Chairman of the Securities and Exchange Commission (SEC).
Scott emphasized the need for leadership at the SEC that prioritizes its mission over political agendas. He stated, "Our small business owners, retirement savers, and retail investors across the country deserve a leader at the Securities and Exchange Commission who will prioritize the agency’s mission over a partisan political agenda."
He expressed confidence in Atkins' ability to lead effectively following Gary Gensler's tenure. Scott said Atkins is well-equipped to help revitalize the U.S. capital markets system, which he described as essential for economic growth, job creation, and innovation.
Scott also looks forward to collaborating with Atkins on several initiatives. These include increasing access to capital for entrepreneurs and opening capital markets to all Americans. Additionally, he highlighted creating a regulatory environment for digital assets that promotes domestic innovation rather than overseas.
The statement reflects Scott's support for Atkins' nomination and his anticipation of working together on these goals.