Senator Warren Criticizes SEC Chair Nominee Paul Atkins

According to PANews, U.S. Senator Elizabeth Warren expressed strong criticism during the nomination hearing of Paul Atkins for the position of SEC Chair. Warren accused Atkins of consistently benefiting billionaire CEOs, such as Sam Bankman-Fried, and aiding them in accumulating more wealth. She further stated that Atkins made nearly every wrong decision leading up to the largest financial crisis in the U.S. since the Great Depression, arguing that such a track record does not merit promotion.