Subpoena Incoming? Gary Gensler Continues to Stonewall - Resources for Investors and Journalists on MMTLP

Gary Gensler has been in front of two Senate Hearings and lawmakers are increasingly frustrated with his lack of answers.

The SEC chairman has been grilled on several items and never seems to answer the questions or provide the documents requested by the governing body.

To date, history shows that no SEC Chairman has ever had to have a subpoena issued to them, meaning they always have complied with requests.

Several minutes of MMTLP questioning have taken place between the two hearings. Representative Ralph Norman said the SEC’s response to their inquiry was an “insult”.

Senator Mike Crapo spent 5 minutes asking Gensler concerns of Idaho constituents.

Representative Patrick McHenry has had enough.

SEC Chair @GaryGensler refuses to schedule a Commission vote to provide Congress with requested documents.

Should Gensler continue to stonewall, Republicans will have no choice but to issue the first subpoena to the SEC from my Committee to compel their production. https://t.co/Aw5U0aJ0Tt
— Patrick McHenry (@PatrickMcHenry) October 2, 2023

We predict the SEC will continue to stonewall. There’s too much at stake to keep hidden. Let the historical first subpoenas begin.

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