SEC Chairman Gary Gensler makes statements to the US House of Representatives Financial Services Committee.
It’s time for the speech that the crypto industry has been eagerly waiting for. SEC Chairman Gary Gensler has joined the US House of Representatives Financial Services Committee to make statements about the crypto industry. Gensler, who is expected to make a statement here, is waiting for the right to speak.
SEC Chairman Gensler Speaks About Crypto in Congress
The congress began with its members making statements and discussing political events. SEC Chairman Gary Gensler is expected to deliver a speech shortly. Previously, some members of Congress had demanded Gensler’s resignation and an end to these crackdowns.
Congressman McHenry criticized Gensler’s rushed rule-making process. In addition, McHenry noted that SEC personnel also joined these criticisms. McHenry said Gensler excluded the public from the process and sought to impose rules that lacked rigor or any evidence base.
Greeting the members of Congress, Gensler started his speech with crypto investors. Gensler stated that protecting investors is one of their top priorities. Giving the opening speech, Gensler will begin to respond to the criticisms received.
Details will be updated…
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