Several U.S. lawmakers, including Congressman Warren Davidson and Congressman Tom Emmer, are pushing for the removal of SEC Chairman Gary Gensler. They are co-leading a 'SEC Stabilization Bill' aimed at firing Gensler and holding the SEC accountable for alleged corruption. The lawmakers argue that Gensler's leadership favors Wall Street over Main Street. They have highlighted 2024 as an opportune time for Gensler's dismissal and are seeking to end the accredited investor rule that benefits the donor class.
NEW: "2024 would be a great time to fire Gary Gensler, pass the SEC Stabilization Act, hold the SEC accountable for its corruption, and end the accredited investor rule that protects deal flow for the donor class," says Congressman Warren Davidson ๐ https://t.co/po7Hu3NYtM
Two U.S. lawmakers have joined forces in an effort to fire #SEC Chairman #GaryGensler, noting that 2024 would be a great time to fire him. https://t.co/ZtrCvlzEOE
JUST IN: ๐บ๐ธ US Congressman Tom Emmer says he is co-leading a 'SEC Stabilization Bill' in an effort to fire SEC Chairman Gary Gensler, saying he 'sides with Wall Street, not Main Street'.
JUST IN: ๐บ๐ธ US Congressman Tom Emmer announces he is co-leading a SEC Stabilization Bill in effort to fire Chairman Gary Gensler.
JUST IN: ๐บ๐ธ US Congressman Warren Davidson says 2024 would be a great time to fire Gary Gensler and hold the SEC accountable for its corruption.