Peirce’s firm views have brought her both fans and vicious detractors, particularly on the social media site X, formerly Twitter. When she voted against forcing more disclosure on private funds in January, the hashtag #FireHesterPeirce started trending and opponents leapt on board with attacks, including on her physical appearance.
Those who support Gensler’s regulatory agenda contend Peirce’s constant dissent damages the SEC by calling into question its purpose as a regulatory agency and the good faith of those that disagree with her. Such views undermine an agency that is required by design to have two members of one party and three of the other to foster compromise, they said.
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While three years of losses might grate, Peirce continues to fight. “I‘d rather that everyone agreed with me and we weren’t writing rules that I didn’t think we should be writing. But this is the world we’re in,” she said.
Source: Hester Peirce, Republican thorn in the SEC’s side | Financial Times
