Investigation: Gensler violated the Civil Service Reform Act

Hours after Donald J. Trump was elected president, Gary Gensler, chairman of the Securities and Exchange Commission (SEC), faces an investigation into allegations of ideological bias in his appointments to senior positions at the agency

The investigation, led by congressional committees, seeks to assess whether Gensler violated the Civil Service Reform Act by favoring individuals from left-leaning organizations, compromising the impartiality of the SEC. The action comes amid concerns about the influence of political affiliations on the agency’s personnel decisions, highlighting the importance of oversight to ensure compliance with federal law