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.

This is a field that is rife with fraud and manipulation, and I am looking out for the American investors who have been hurt by the crypto fraudsters and scammers.

Under your leadership, the SEC is providing investors with the information they need to evaluate climate change risk.

This extreme MAGA Republican shutdown is the biggest threat to our nation's investors, small businesses, and working families.

the initial public offering market would be shut down with the government

This extreme MAGA shutdown would cripple the SEC's ability to stop fraud, help businesses raise money, or finalize rules that are critical to investors.

it will be hard for us to oversee the markets

The only thing political is protecting the American public, which I think Members of both sides of the aisle will probably agree with.

I hope we can discuss today how undermining the SEC's mission by furloughing 90 percent of your staff will affect this country and your ability to protect our markets.

The SEC is very much implementing the priorities that I and my Democratic colleagues championed when we were in charge.

I do share your concerns that this is a field that is rife with fraud and manipulation and scams.

No. The answer is, no.

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

We have great respect for the courts. I personally have great respect for the courts.

As a general matter, I think we all probably share a concern about bad actors, whether they be State actors or non-State actors, that use our capital markets for nefarious means.

We only make information as a result of any investigation public if we either settle or bring charges in competent courts.

We only make information as a result of any investigation public if we either settle or bring charges in competent courts.

Having gone through a lot of challenging negotiations with the Chinese authorities over a separate matter around auditing and inspecting auditors, I share your concern because it is quite a challenge.

As a general matter, I think we all probably share a concern about bad actors, whether they be State actors or non-State actors, that use our capital markets for nefarious means.

Having gone through a lot of challenging negotiations with the Chinese authorities over a separate matter around auditing and inspecting auditors, I share your concern because it is quite a challenge.

As a general matter, I think we all probably share a concern about bad actors, whether they be State actors or non-State actors, that use our capital markets for nefarious means.

We need to protect workers and families in these markets. We need to clean up the scams and fraud.

It is not the Commission's intent to have farmers or ranchers in Montana or any other State report on goods they sell to publicly-traded companies.

Rife with fraud, scams, and abuse.

Our goal at the SEC is to bring the field into compliance within the Securities Law where these tokens--and not prejudging any one of them--where they are securities.