Rep. Tom Emmer has voiced criticism against SEC chair Gary Gensler during a House Financial Services Committee hearing.
United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27.to the lawmaker, Gensler has been loyal to Wall Street"at the clear expense of innovation, competition, and everyday Americans."
"But given your 18-year career at one of the biggest banks in the world and the personal financial fortune you amassed there, do you think it’s possible for you to serve as an impartial regulator and not favor large financial intermediaries?""And to be clear sir, this perspective has nothing to do with a concern you noted in a speech last year where you said, quote, “Over the past year, several bank executives have shared their concerns with me about the sheer number of...
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