SEC Chair Gary Gensler has taken on some harsh criticism from several U.S. Representatives during his testimony before Congress on Sept. 27. Here’s a recap of some of the more eventful moments.
Blamed for “kneecapping” capital markets in the United States and slammed for dodging questions around Bitcoin and Pokemon cards, Securities and Exchange Commission Chair Gary Gensler appears to have had one hell of a grilling from Congress this week.
One of the more colorful analogies came from U.S. Representative Andy Barr, who accused Gensler of “kneecapping” the U.S. capital markets with regulatory red tape. “With all due respect, Mr. Chairman, if the U.S. capital markets are a gold medalist, you are the Tonya Harding of securities regulations,” said Barr.
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