Previewing Congress's Joint Crypto Regulation Hearing

Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto and climate issues. Tomorrow, we’ll see another hearing, held with the House Agriculture Committee, specifically discussing crypto regulation.

• 2023-05-10
• Congress U.S. Securities and Exchange Commission House Agriculture Committee Financial Services Committee crypto regulation Timothy Massad Senate Banking Committee Crypto Exchange

Republicans Pummel SEC’s Gary Gensler Over Crypto Crackdown

WASHINGTON—Securities and Exchange Commission Chair Gary Gensler defended his agency’s crackdown on cryptocurrency markets, saying that he had never seen an industry so routinely break securities laws. “I’ve been around finance for 40 years, in one way or the other,” Mr. Gensler said in a five-hour hearing Tuesday before the House Financial Services Committee. “I’ve never seen a field that is so noncompliant with laws written by Congress and confirmed over and over again by the courts.”

• 2023-04-19
• Gary Gensler the SEC Financial Services Committee FINANCIAL REGULATION SEC

SEC Chair Gensler to Defend Climate, Crypto Plans Before GOP-Led Panel

WASHINGTON—Securities and Exchange Commission Chair Gary Gensler is set to defend his regulatory agenda Tuesday before a House panel that has grown hostile to his plans under Republican leadership of the committee. “The SEC is the cop on the beat watching out for your constituents,” Mr. Gensler said in prepared remarks for the hearing before the House Financial Services Committee. Among other initiatives, Mr. Gensler has moved to mandate climate-change disclosures from public companies, boos

• 2023-04-18
• Gary Gensler The SEC Financial Services Committee public companies