McHenry

McHenry clashes with SEC’s Gensler over crypto crackdown

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McHenry clashes with SEC’s Gensler over crypto crackdown

[ad_1] Gensler has long argued that much of the lightly regulated $1 trillion market violates U.S. securities rules because many of the products consist of unregistered securities. Gensler, an ally of top progressives like Senate Banking Chair Sherrod Brown (D-Ohio) and Sen. Elizabeth Warren (D-Mass.), has been on a collision course with McHenry since the … Read more

As GOP gripes about bank bailouts, McHenry confident regulators will ‘do the right thing’

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As GOP gripes about bank bailouts, McHenry confident regulators will ‘do the right thing’

[ad_1] The federal government’s response to the implosion of Silicon Valley Bank and Signature Bank has unleashed a chorus of complaints from GOP politicians who claim that authorities failed to take steps to prevent the failures — the largest since the global financial crisis. The potential for panic at other banks forced the agencies to … Read more