House Republicans in the United States have accused SEC Chair Gary Gensler of potentially hiring based on political affiliation, which could violate federal law. In a letter dated Sept. 10, GOP lawmakers Jim Jordan, Patrick McHenry, and James Comer raised concerns about the agency hiring individuals from left-leaning organizations for senior roles. They pointed to email correspondence suggesting that Gensler's decision to hire the director of trading and markets, Dr. Haoxiang Zhu, may have been influenced by political factors. The letter requested Gensler to provide all documents and communications related to hiring decisions. Gensler, known for his strict enforcement actions against crypto firms, faces scrutiny over these allegations. The SEC has been asked to respond by Sept. 24 to the House Judiciary Committee's request for information on the matter. Read more AI-generated news on: https://app.chaingpt.org/news
Allegations of Politically Influenced Hiring at SEC
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