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Debbie Nelson, mother of rapper Eminem, dies at 69
Debbie Nelson, the mother of rapper Eminem and whose rocky relationship with her son was known widely through his hit song lyrics, has died. She was 69.
Dennis Dennehy, a representative for Eminem, confirmed Nelson’s death to CBS News Detroit in an email. No cause of death was provided. Nelson had battled lung cancer.
Nelson’s fraught relationship with her son, whose real name is Marshall Mathers III, has been no secret since the Detroit rapper became a star.
Paul Sancya / AP
Eminem disparaged his mother in songs such as the 2002 single “Cleaning Out My Closet.” Eminem sings, “Witnessin’ your momma poppin’ prescription pills in the kitchen. Bitchin’ that someone’s always goin’ through her purse and shit’s missin’. Goin’ through public housing systems, victim of Münchausen’s Syndrome. My whole life I was made to believe I was sick when I wasn’t.”
In lyrics from his Oscar-winning hit “Lose Yourself” from the movie “8 Mile,” his feelings seem to have simmered, referencing his “mom’s spaghetti.” The song went on to win best rap song at the 2004 Grammy Awards.
Nelson brought and settled two defamation lawsuits over Eminem’s statements about her in magazines and on radio talk shows. In her 2008 book, “My Son Marshall, My Son Eminem,” she attempted to set the record straight by providing readers details about the rapper’s early life.
Eminem earlier this month won for best hip hop act at the 2024 MTV EMAs and was inducted into the Rock & Roll Hall of Fame in 2022.
He said last month that he was going to be a grandfather, announcing his daughter Hailie Jade was pregnant with a touching music video that is a tribute to their relationship.
President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission.
Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation.
“He believes in the promise of robust, innovative capital markets that are responsive to the needs of Investors, & that provide capital to make our Economy the best in the World. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before,” Trump wrote on Truth Social.
The commission oversees U.S. securities markets and investments and is currently led by Gary Gensler, who has been leading the U.S. government’s crackdown on the crypto industry. Gensler, who was nominated by President Joe Biden, announced last month that he would be stepping down from his post on the day that Trump is inaugurated — Jan. 20, 2025.
Trump, once a crypto skeptic, had pledged to make the U.S. “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Money has poured into crypto assets since he won. Bitcoin, the largest cryptocurrency, is now above $95,000. And shares in crypto platform Coinbase have surged more than 70% since the election.
Paul Grewal, chief legal officer of Coinbase, congratulated Atkins in a post on X.
“We appreciate his commitment to balance in regulating U.S. securities markets and look forward to his fresh leadership at (the SEC),” Grewal wrote. “It’s sorely needed and cannot come a day too soon.”
Congressman Brad Sherman, a California Democrat and a senior member of the House Financial Services Committee, said he worries Atkins would not sufficiently regulate cryptocurrencies as SEC chair.
“He’d probably take the position that no cryptocurrency is a security, and hence no exchange that deals with crypto is a securities exchange,” Sherman said. “The opportunity to defraud investors would be there in a very significant way.”
Atkins began his career as a lawyer and has a long history working in the financial markets sector, both in government and private practice. In the 1990s, he worked on the staffs of two former SEC chairmen, Richard C. Breeden and Arthur Levitt.
His work as an SEC commissioner started in 2002, a time when the fallout from corporate scandals at Enron and WorldCom had turned up the heat on Wall Street and its government regulators.
Atkins was widely considered the most conservative member of the SEC during his tenure at the agency and was known to have a strong free-market bent. As a commissioner, he called for greater transparency in and analysis of the costs and benefits of new SEC rules.
He also emphasized investor education and increased enforcement efforts against those who steal from investors over the internet, manipulate markets, engage in Ponzi schemes and other types of fraud.
At the same time, Atkins objected to stiff penalties imposed on companies accused of fraudulent conduct, contending that they did not deter crime. He caused a stir in the summer of 2006 when he said the practice of granting stock options to executives before the disclosure of news that was certain to increase the share price did not constitute insider trading.
U.S. Rep. Patrick McHenry, a North Carolina Republican and chairman of the House Financial Services Committee, said Atkins has the experience needed to “restore faith in the SEC.”
“I’m confident his leadership will lead to clarity for the digital asset ecosystem and ensure U.S. capital markets remain the envy of the world,” McHenry posted on X.
Atkins already has some experience working for Trump. During Trump’s first term, Atkins was a member of the President’s Strategic and Policy Forum, an advisory group of more than a dozen CEOs and business leaders who offered input on how to create jobs and speed economic growth.
In 2017, Atkins joined the Token Alliance, a cryptocurrency advocacy organization.
Crypto industry players welcomed Trump’s victory in the hopes that he would push through legislative and regulatory changes that they’ve long lobbied for.
Trump himself has launched World Liberty Financial, a new venture with family members to trade cryptocurrencies.
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