Home committee chairman threatens SEC chair with subpoena, however not over crypto

James Comer, chair of the USA Home of Representatives Oversight and Accountability Committee, has threatened Securities and Trade Fee (SEC) chair Gary Gensler with a subpoena. He wrote within the letter dated Oct. 12, that the committee may have “no alternative” however to make use of obligatory measures to acquire paperwork if the SEC doesn’t begin cooperating with it.

Comer additionally expressed concern about SEC “actions taken to bypass Congress to additional an agenda that harms American taxpayers.” Cryptocurrency proponents in Congress have usually complained about Gensler in related phrases, however this letter just isn’t about crypto. Relatively, Comer was writing about coordination with the European Union (EU) on environmental, social, and governance (ESG) and climate-related points, in addition to SEC stonewalling.

Proceed Studying on Coin Telegraph