Senate Trump SEC, OCC, the Treasury chooses to encrypt and financial markets

At a high hearing on March 27, 2025, the American Senate Banking Committee highlighted a major shift towards regulating digital assets, overseeing capital markets, and banking policy-which could reshape the future of funding. The committee listened to a certificate of three candidates affiliated with the second President Trump administration: Paul Atkins The Chairman of the Securities and Stock Exchange Committee (SEC), Jonathan Gold To get a currency observer, and Look Betit The Assistant Minister of Treasury for Financial Institutions.

Their testimonies together refer to reorganizing an important policy in the executive branch of the United States government, which can finally bring organizational and momentum clarity in Congress to the long -awaited legislative framework for digital assets.

Atkins entrusted with a “rational” organizational framework

Paul Atkins, the former SEC Commissioner with deep institutional knowledge and experience in industry, explained that the organization of encryption will be at the forefront and the center if it is confirmed to lead the committee. In his testimony, Atkins emphasized in his written testimony that “a top priority for my president will be to work with my colleagues from Commissioners and Congress to provide a fixed organizational basis for digital assets through a rational, coherent and principled approach.”

Atkins statement is in line with the criticism of the corridor that the Supreme Education Council during the Gary Ginsler era is largely dependent on the organization by enforcement. This strategy argues critics, strangled innovation, harmed investors, and discourages the development of the responsible industry in the United States, forcing innovation abroad.

Atkins, whose previous mandate has been informed as a commissioner and his experience in the private sector, tends towards clear rules of the road. He highlighted the urgent need to “reset priorities and restore proper instinct to the Supreme Education Council”, which is depleted from the term Gensler and clarifying the issue that increases the mysterious policy and regulations in forming capital and protecting the investor.

Support from the Senate Senate Tim Scott

More importantly, Senator Tim Scott (RS.C), Chairman of the Senate Banking Committee Strong support To Akins earlier this year. Scott emphasized the ATKINS record, noting that he may support long policies aimed at enhancing capital formation and employment. Scott added that the deep organizational experience of Takins puts him to help address what he described as the “damage” that happened to the capital markets under the leadership of Gary Ginsner. He also pointed out that Atkins realizes the increasing demand for organizational clarity in the area of ​​digital assets, a issue that affects millions of Americans who seek to reach the category of this emerging assets.

Scott’s statements reflect the concern of the two parties about the position of the Supreme Education Council towards digital assets under the leadership of former SEC Speaker Gary Ginsner. In a conversation Yahoo News The interview, Senator Kirsten Gilbrand (DN.Y.), is a pioneering democratic voice for encryption policy-and to participate in Senator Bill Hajari Legislation (Genius) this feeling. Senator Gilbrand praised Atkins and emphasized the need for comprehensive legislation on Stablecoins and the encryption market structure. Although she personally does not have Bitcoin, Gillibrand stressed the need to create a working framework that protects consumers and enables innovation to prosper.

GOULD and Pettit offers a wider financial vision, embrace innovation

Jonathan Gold, a currency observer candidate, has focused his testimony on maintaining the importance and flexibility of the national banking system. Gold, who held the position of chief advisor to OCC under both the Republican and Democratic departments, pledged to “cancel the expansion of the banking system” and “embrace innovation within the agency and the banking system.”

This innovation includes support for the responsible participation with digital assets and updating the tools that banks use to serve an increasing digital economy. The GOULD experience in formulating economic growth, organizational relief, and the 2018 consumer protection law provides a solid basis for rethinking how banks interact with emerging assets categories.

Likewise, Locke Betit, an assistant candidate for the Treasury Secretary for Financial Institutions, brings an international and developed view of the human being for financial organization. In a profound personal and patriotic statement, Bettite reminded the committee that the financial organization is ultimately revolving around people – those “buying a house, starting business, accessing credit or saving for retirement.” He pledged to support the financial sector that “enhances economic growth, freedom and the opportunity for all Americans.”

Its basis in both the Senate and the Federal Reserve indicates that Betit is in a good position to balance innovation in the market with systematic safety; Especially in areas such as financial education, community development and digital infrastructure.

From enforcing participation: a new political book?

Combined, these nominations are not a work as usual. It represents the focus of politics. In contrast to the caution of the previous administration’s cautious position and the chrome is often encrypted, it appears that the Trump administration is preparing to implement more than the industry and the first innovation to regulate digital assets. This shift may finally give way to the legislation that was years in the process of setting, including Stablecoin and SuPare Bills in both rooms.

What makes this moment different? It is not only the candidates, but it is the convergence of legislative pressure, frustration with the two parties, and increased optimism and general demand. According to the annual adoption of the cryptocurrency of the cryptocurrency, the encryption ownership has almost doubled in the three years since the end of 2021. In 2025, nearly 28 % of American adults, or about 65 million people, have multiplied coins. With the presence of a friend of encryption on both sides of the corridor, the possibility of legislation of the two parties is no longer out of possibility.

While ATKINS, GIULD and Pettit appointments indicate a clear intention to reset the organizational position from the first application to participation, this executive momentum should be met with Congress. The American constitutional system divides the powers between the branches for a reason: the executive authority can implement policy and direct regulatory priorities, but Congress writes the law.

Agencies like SEC and OCC do not inherently have the authority to make law; Instead, they derive their authority through the legislation approved by Congress (known as enabling legislation or organic laws). These laws determine the jurisdiction and scope of the agency’s powers and the creation of legal limits through which regulations can be developed and applied. Without modern laws that explicitly explain the advantages of digital assets, agencies are left to explain the drafting laws long before the Blockchain invention, and often lead to patching.

What next?

If confirmed, ATKINS, GIULD and Pettit will represent one of the most cunning encoding for coding for service simultaneously in the main financial control roles. Whether their collective experience and openness to reform will be translated into an effective policy and aspiration for a wide range of consumers and investors-they are seen.

However, the real test is waiting. Will Congress seize the opportunity to pass meaningful legislation? Will the organizational agencies translate the pro -insulting speech from their potential leaders into concrete and consistent rules that the industry can depend on?

Currently, all eyes are on the Senate.