Business

Donald Trump nominated Paul Atkins to run the Securities and Exchange Commission. Mr Atkins has criticised the current head of the SEC, Gary Gensler, for cracking down on crypto exchanges and has championed cryptocurrencies. Bitcoin surged above $100,000 for the first time. Mr Trump also picked Gail Slater to run the Justice Department’s antitrust division, vowing to continue its crackdown on big tech firms.