Securities and Exchange Commission Chair Gary Gensler is set to defend his regulatory agenda Tuesday before a House panel that has grown hostile to his plans under Republican leadership of the committee.
“The SEC is the cop on the beat watching out for your constituents,” Mr. Gensler said in prepared remarks for the hearing before the House Financial Services Committee. He framed his plans as necessary to protect investors and markets in an era of rapid technological change and emerging risks.
Source: SEC Chair Gensler to Defend Climate, Crypto Plans Before GOP-Led Panel – WSJ