The joke in Washington is that Gary Gensler could inspire his own version of the game, “Drink Every Time…”
The rules: Down a shot every time the U.S. Securities and Exchange Commission chief says he’s “asked the staff” to consider new regulations.
Gensler has “asked the staff” about oversight for crypto — drink. For online brokers — drink. For green investment funds — drink. During two recent congressional hearings, Gensler used the phrase no fewer than 30 times, enough, one lobbyist quipped, to induce alcohol poisoning.
‘Enforcement 40’ for 2020
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