House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
CryptonewsHouse Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency’s core mission. Ranking member Maxine Waters defended the SEC, emphasizing the need for reform to protect investors and provide transparency.
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