Congressman Declares War On SEC's 'Tyrannical Chairman' Gary Gensler, Files Legislation To Sack Him
- 11 months ago
U.S. Rep. Warren Davidson has taken a significant step by introducing a legislative bill aimed at overhauling the Securities and Exchange Commission and ousting its Chairman Gary Gensler.
The Ohio Republican referred to Gensler as a “tyrannical chairman” in a Monday statement, asserting there is a need to shield the markets from the country's top financial regulator.
This move comes on the heels of the SEC's latest enforcement actions in the cryptocurrency sector.
The Ohio Republican referred to Gensler as a “tyrannical chairman” in a Monday statement, asserting there is a need to shield the markets from the country's top financial regulator.
This move comes on the heels of the SEC's latest enforcement actions in the cryptocurrency sector.