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J. Edward Moreno12/4/24

Trump picks crypto-friendly lawyer Paul Atkins for SEC chair

President-elect Donald Trump has nominated Paul Atkins, a crypto-friendly lawyer and financial advisor, to serve as the next chair of the US Securities and Exchange Commission.

Atkins is currently CEO of Patomak Global Partners, a financial consulting firm, and previously served as an SEC commissioner under former President George W. Bush. Trump announced the nomination on his social-media site, Truth Social, part of Trump Media & Technology Group .

Trump has positioned himself as a staunch ally of the crypto industry. Cryptocurrencies like bitcoin, dogecoin, and ethereum have rallied since Trump won a second term in November.

Trump noted that Atkins “recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.” Atkins is co-chair of the Token Alliance, a part of the Digital Chamber of Commerce, which provides compliance assistance for crypto-trading platforms.

Gary Gensler, the current chair of the SEC, has been more hostile toward the crypto industry and said he would resign in January.

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Panera’s million-dollar turnaround starts with fixing its salads — as Americans drift away from iceberg lettuce

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Max Knoblauch11/20/25

Ford dips as another large fire breaks out at the New York Novelis aluminum plant

Shares of US auto giant Ford are down more than 2% on Thursday morning following reports of another major fire at its primary aluminum supplier’s plant in Oswego County, New York.

Local media reported that a four-alarm fire broke out at the Novelis plant, which supplies 40% of the aluminum sheet for the US auto industry, on Thursday morning.

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

Large fire reported again at Novelis aluminum plant in Oswego County

Large fire reported again at Novelis aluminum plant in Oswego County

Last month, Ford said a September fire at the plant would hit its earnings by between $1.5 billion and $2 billion in the fourth quarter. The company said it would be able to mitigate about $1 billion of that next year.

As of 10:15 a.m. ET, local officials said the fire is under control and everyone had been safely evacuated. Novelis previously said it would be able to restart operations at the part of the plant most damaged by the September fire next month.

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