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Congressional Republicans Lash Out At Gensler

The Breakdown

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Introduction

This chapter focuses on a House Financial Services Committee oversight hearing featuring SEC Chair Gary Gensler. It highlights the frustration of one of the speakers, Ogles, and the lead-in to the hearing, including bipartisan urging for Gensler to approve a bitcoin spot ETF. The chapter also mentions Republican critique and criticism of Gensler's actions regarding digital assets, and the ineffectiveness of the SEC's regulation by enforcement agenda in court.

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