President Donald Trump’s nominee for chair of the SEC faces questions from the Banking, Housing and Urban Affairs Committee Thursday morning.

Paul Atkins, former SEC commissioner and now ex-CEO of Patomak Global Partners, has officially been confirmed by the U.S. Senate to take over as chair of the Securities and Exchange Commission (SEC) under President Donald Trump,

Paul Atkins faced senators on the Banking Committee this morning as part of his confirmation to serve as chair of the U.S. Securities and Exchange Commission. Why it matters: The prior SEC chair became enemy No.