Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop

New York CNN — The crypto and tech communities finally have some clarity on who they’ll potentially answer to over the next four years. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.” On the tech front, Trump intends to nominate Gail Slater, a former Fox Corporation executive and economic policy adviser in the first Trump administration, to lead the Justice Department’s antitrust division as Assistant Attorney General. For tech, a bit to fear with a bit to celebrate Trump announced his intention to nominate Slater on Wednesday in a post on Truth Social, highlighting his expectations the DOJ will continue to prosecute large tech platforms for alleged competition abuses.” Big Tech has run wild for years,” Trump wrote, “stifling competition in our most innovative sector and, as we all know, using its market power to crack down on the rights of so many Americans, as well as those of Little Tech!” Trump has long criticized the tech industry. For crypto, a lot to celebrate In the span of just one hour since Trump posted on Truth Social announcing he picked Atkins to head the SEC, bitcoin jumped by over $1,000 and continued to rally, a testament to the crypto community’s approval of Trump’s move. Atkins previously worked with Trump during his first term as a member of his economic advisory group, which also featured CEOs, including JPMorgan Chase’s Jamie Dimon, General Motors’ Mary Barra and Blackrock’s Larry Fink.