Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday.
He and other senators on the Senate Banking Committee will get their chance to question Gensler directly next week when he appears for a routine hearing on SEC oversight on Sept. 12. But that’s not enough for Hagerty, who told a Cato Institute audience that the Democrat-controlled panel should be scheduling more hearings to specifically examine what Gensler and SEC are doing to the U.S. crypto sector.
‘Enforcement 40’ for 2020
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