Odaily Planet Daily News Fox Business News reporter Eleanor Terrett posted on X that the US SEC Chairman Gary Gensler will attend two congressional hearings in September this year. Hearing of the House Financial Services Committee on May 27.
Earlier, U.S. lawmakers, especially Republicans, made a series of criticisms and allegations against Gensler. Patrick McHenry, a senior member of the House of Representatives Financial Services Committee, criticized Gensler's approach to the regulation of digital assets as being too aggressive. There is currently a lack of clear cryptocurrency guidelines stating which digital assets fall under the jurisdiction of the SEC. (CryptoSlate)