SEC Chairman Gary Gensler is on the hot seat as the Senate Banking Committee demands answers and clarity on a range of topics including the commission’s ongoing investigations in the crypto space and Gensler’s belief that cryptocurrencies should be regulated under the securities law.
Senate Banking Committee Grills Gensler
Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC) was cross-examined by the Senate Banking Committee on Tuesday, September 12. The committee probed the SEC boss for clarification on the commission’s complex rules changes and the ability of these new regulations to address future market failures.
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Following the hearing, a Journalist at Fox Business, Eleanor Terrett, revealed in an X (formerly Twitter) post a list of key points from the hearing between SEC
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