Toomey: Gensler’s Agenda Does Not Appropriately Reflect the Mission of the SEC
In his opening statement at today’s U.S. Senate Banking Committee hearing, Ranking Member Pat Toomey (R-Pa.) expressed concern over the direction of the Securities and Exchange Commission (SEC) under Chairman Gary Gensler’s leadership. Pointing to Mr. Gensler’s efforts to restrict retail investor freedom, to regulate cryptocurrencies by enforcement, and to impose new mandatory disclosures on global warming and “human capital,” Senator Toomey urged the SEC to change course.
