Here's your Forbes Daily Briefing for Tuesday, December 17th.

Today on Forbes, Trump's pick for SEC Chairman married into a multi-billion-dollar roofing fortune.

Last week, President-elect Donald Trump nominated lawyer and financier Paul Atkins as chairman of the Securities and Exchange Commission,

or SEC, the government body responsible for regulating public companies and stock markets in the U.S.

Atkins, who is 66 years old, previously served as an SEC commissioner from 2002 to 2008,

under former President George W. Bush. He has been touted by Trump as a,

quote, proven leader for common sense regulations, and, crucially, a supporter of cryptocurrencies.

Despite his career in the public eye, Atkins' link to one of the wealthiest families in the

Midwest has not been previously reported. His wife, Sarah Humphreys Atkins's link to one of the wealthiest families in the Midwest has not been previously reported.

His wife Sarah Humphreys Atkins, whom he married in 1990, is the only granddaughter of Tamco

Building Products founder, E.L. Craig was an entrepreneur who had started and sold several

ventures, including a boxing gym and frozen custard shop.

He started the roofing business in 1944 at the age of 69 in an old streetcar barn in Joplin,

Missouri. Now based in Galena, Kansas, Tamco is the fourth largest manufacturer of roofing shingles

in the United States, with $1.2 billion in revenue last year,

according to a report from S&P Global. The Humphreys family sold a 25% stake in the business

to the Carlisle Group, a $447 billion assets under management private equity firm, for an undisclosed

sum in 2019. The family still owns

a 75% stake in Tamco, which is named after the first five states where the company planned to

first do business, Texas, Arkansas, Missouri, Kansas, and Oklahoma. Bloomberg reported in April that the family and its minority investor

may be considering a sale valuing the business at up to $3.5 billion. A person familiar with the

company says Tamco has turned down offers higher than that. Tamco founder E.L. Craig and his wife,

...