US Representative Warren Davidson continues to push for Gary Gensler’s removal as the chairman of the Securities and Exchange Commission (SEC) following Grayscale’s recent win in court against the agency.
Industry stakeholders and the broader crypto community believe Gensler and the SEC’s regulation by enforcement approach towards the crypto industry caused more harm than good to retail investors.
Rep. Davidson Bent on Gensler’s Ousting
Rep. Warren Davidson continues to pan the leadership of the SEC in relation to crypto, stating that the court ruling in favor of Grayscale further proves that Gensler’s actions are “arbitrary and capricious,” citing words from the ruling.
More evidence that Gary Gensler’s actions at the SEC are arbitrary and capricious. #FireGaryGensler https://t.co/1qYVnki8ja pic.twitter.com/IG2t6i9V40
— Warren Davidson (@WarrenDavidson) August 29, 2023
As previously reported by CryptoPotato, Grayscale won its lawsuit against the SEC in court, which
We współpracy z: https://cryptopotato.com/warren-davidson-reiterates-call-for-gary-genslers-removal-after-grayscale-win/
