On March 27, Fox Business News reporter Eleanor Terrett tweeted that Paul Atkins, President Trump's nominee to chair the SEC, plans to abandon the previous administration's draconian approach to enforcement: "It takes industry experience and dedicated application to ensure that customers and investors benefit from efficient, effective, and well-designed regulation. Our mission at the SEC should be to facilitate these efforts and, where necessary, use enforcement powers to correct and correct wayward behavior." On digital assets: "My first priority as chair is to work with my fellow commissioners and Congress to provide a solid regulatory foundation for digital assets through a sound, coherent, and principled approach."