SEC chief Gary Gensler to face Congress grueling over crypto policy
FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S. The United States Securites and Exchange Commission chief Gary Gensler is set to testify before the the House Financial Services Committee for the first time. In an interview, Patrick McHenry, chairman of the Financial Services Committee, confirmed that the SEC chief would have to face Congress' questions over his approach towards the crypto ecosystem on April 18. #NEW: Chairman @PatrickMcHenry confirms @SECGov Chair Gary Gensler will testify before the House Financial Services Committee on April 18th. Republicans will hold @GaryGensler accountable for his flagrant disregard for the law, jurisdiction, and the APA. pic.twitter.com/XRwcrm79PS — Financial Services GOP (@FinancialCmte) March 28, 2023 The House of Representatives Committee on Financial Services is in charge of regulating all aspects of the financial services sector, including banking, securities and digital...