Gary Gensler: “We need to protect workers and families in these markets. We need to clean up the scams and fraud.”

Actually, sir, we follow the mandate. In 1996, Congress put in our statute that we had to do economic analysis, and we follow that.

I really do think it is such a privilege to serve and the important thing we do is we look out for 330 million Americans.

In fact, we do need to do analysis because Congress mandated it. We have to analyze the efficiency, the competition, and the effects on capital formation.

I really strongly believe in our constitutional system do it by the law, and how the courts interpret the law.