On the recordNovember 8, 2023
This amendment is very simple. It deals with a man named Gary Gensler, who is the head of the Securities and Exchange Commission. He has been implementing woke policies and abusing the rulemaking process. One of the Security and Exchange Commission's primary responsibilities is to protect investors. However, rather than implementing rules to protect and grow investments, which he is supposed to do, Mr. Chair, Gensler is focusing on catering to the leftwing mob. He is forcing companies to prioritize Green New Deal- style climate initiatives and diversity quotas over the interests of investors. Additionally, Mr. Chair, Chairman Gensler abuses the rulemaking process, for which he has been called on the carpet by both parties. He continues to put forward many highly controversial rules with little time for public comments. During the last Congress, Republicans and Democrats both expressed their concerns, as I mentioned, regarding Gensler's habit of proposing rules without allowing adequate time for public comment. Biden's Securities and Exchange Commission has proposed nearly twice as many rules as the Trump administration had proposed in the same timeframe. This drastic increase under Gensler's leadership demonstrates where his real priorities lie, Mr. Chair. He is more committed to pushing political agendas on publicly traded companies, which he has no business doing, than performing his official duties as Chairman of the Securities and Exchange Commission.…
Source
govinfo.gov




