I find it extremely troubling that during the tenure of former SEC Chair Mary Jo White, the SEC seemed more interested in pursuing highly politicized Federal corporate governance mandates than its core mission.
Criticism of SEC's focus on politicized governance over investor protection.
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That lack of transparency and accountability raises concerns about the extent to which other countries are influencing financial regulation here in the United States.
I want to thank this bipartisan panel for all proposing bipartisan solutions.
I want to thank the ranking member, and I want to thank the Democratic Financial Services Committee staff for working with the Republican staff on this matter.
This is a matter of real substance for the independence of the Fed and the rulemaking at the Federal Reserve.
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