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SEC Chair Gary Gensler, facing bipartisan pressure and Trump’s vow to remove him, defended the agency’s regulation by enforcement. https://t.co/GOmKPg5EEG
Good Gensler overview by @mslopatto, although I don't think it's right to say that he said "no" to "more regulation" — instead, he argues the existing regulation is sufficient https://t.co/ULlpadCBi5 https://t.co/x0JU3S6Rup
When I asked SEC Chair Gensler if he was afraid he might be replaced after the election next week, he said: "I sleep fine at night." More from our chat @money2020 this afternoon here: https://t.co/9CbrvSXytC https://t.co/FOUkxhmQs4
Securities and Exchange Commission (SEC) Chair Gary Gensler has reaffirmed his commitment to investor protections amid increasing political pressure and threats of dismissal, particularly in light of the upcoming election. During a recent discussion at the Money 20/20 conference, Gensler stated, "I sleep fine at night," when asked about concerns over potentially being replaced. He emphasized that the SEC's regulation by enforcement is crucial, despite bipartisan scrutiny and former President Donald Trump's intentions to remove him from the position. Gensler's remarks come as he faces challenges regarding the adequacy of existing regulations.
