The growing list of gripes about Gensler threatens to weigh on his political capital as he tries to finalize sweeping regulations opposed by industry, navigate upcoming House GOP investigations and secure his agency’s role in overseeing digital assets as Congress responds to crypto exchange FTX’s failure.
“Gary Gensler might as well bring a cot because he’s going to be spending a lot of time in front of the [House Financial Services Committee],” said Rep. Tom Emmer of Minnesota, the incoming No. 3 House Republican.
Source: SEC chair riles Wall Street, Republicans — even some Democrats – POLITICO
