The video accurately shows Paul Atkins being sworn in as SEC chair, but some of Trump’s trade and EU claims are not supported.
Claim-by-claim breakdown
Accurate (99% confidence): Paul Atkins was sworn in as chairman of the SEC on April 21, 2025. SEC press release and White House photo caption both say Atkins was sworn in as SEC chair on April 21-22, 2025.
Accurate (98% confidence): Paul Atkins was nominated by President Trump and confirmed by the Senate before becoming SEC chairman. Official SEC materials document the nomination date and Senate confirmation date.
Accurate (99% confidence): Paul Atkins previously served as an SEC commissioner from 2002 to 2008 and worked on SEC staff from 1990 to 1994. SEC bio says he was a Commissioner from 2002-2008 and served on the staff of two SEC chairmen from 1990-1994.
False (93% confidence): The U.S. was losing about $5 billion a day on trade during the Biden administration's last year. BEA/Census annual 2024 trade deficit was $918.4 billion; dividing by 365 is roughly $2.5 billion per day.
False (88% confidence): The European Union was set up to take advantage of the United States. Official EU history and Council materials emphasize peace in Europe, cooperation, and shared prosperity as the EU’s foundations.
Accurate (99% confidence): The SEC’s core mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. SEC mission pages repeat the same three-part mission.