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SEC Chairperson-elect Paul Atkins asset disclosure: total assets held with his wife exceeds $327 million, conflict of interest questioned before inaugural hearing

US President Donald Trump's nominee for the chairpersonship of the Securities and Exchange Commission (SEC), Paul Atkins, on the eve of his Senate confirmation hearing, revealed that he and his wife Sarah Humphreys jointly owned assets totaling at least $327 million, raising concerns about the impartiality of his future regulation of the cryptocurrency industry. His wife's Humphreys family holds a 75% stake in roofing material company Tamko (founded by his grandfather), and Atkins himself holds a membership interest of $25 million to $50 million in his consulting firm Patomak Global Partners. Atkins' investments in crypto include a call option on real-world asset tokenization platform Securitize, worth $250,000 to $500,000, and a stake in fintech company Pontoro, worth $50,000 to $100,000. Atkins previously pledged to resign as CEO of Patomak and sell the relevant stake if the nomination is approved. Democratic anti-crypto Senator Elizabeth Warren has asked Atkins to explain his "deep association with FTX and other high-income crypto clients" following a similar controversy over the sale of more than $200 million in crypto-related stocks by White House cryptocurrency and artificial intelligence director David Sacks before his inauguration. Former SEC Chairperson Gary Gensler, known for his tough regulation, was represented by Mark Uyeda after leaving office in January 2024. If Atkins takes office, his deep traditional financial background and crypto investment history may reshape the SEC's regulatory logic. A Senate Banking Committee hearing is scheduled for March 27, and Atkins' confirmation process will determine the regulatory tone of the SEC for the next four years.