Draft Bill to Fire SEC Chairman Gary Gensler from Congressman

U.S. Congressman Warren Davidson said he will draft a bill to dismiss Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC).

Crypto-friendly congressman Davidson posted on his official social media account on April 16. in the shipmentSEC Chairman by Gary Gensler impeachment and the position of SEC chairman. executive to the board report giving a directorate which aims to make law draft He said he was working on it.

Congressman passed the bill abuses sequence compensation and the emergence of new abuses would prevent implied.

Davidson’s post is about the cryptocurrency industry supporting innovation within the crypto money ecosystem with their opinions. “crypto mom” known as SEC Commissioner by Hester Peirce in response to their comments.

In a statement on the subject, Hester Peirce said that in the current situation, regulatory authorities of technologies brought by don’t care about innovations stated. commission member, legal framework by the SEC of the projects trying to operate in harsh conditions with have been punished and this situation prevents the projects from operating in the USA. to avoid highlighted the cause.

Peirce echoed his views by broadening Gensler’s definition of the stock market last week. decentralized finance (DeFi) their platforms its coverage will provide a suggestion stated after his presentation. Gensler’s suggestion majority of votes was accepted with


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