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September 26, 2023

SEC Chair Gary Gensler Set for Back-to-Back Hearings Before Congress

Gary Gensler, the chair of the Securities and Exchange Commission, will be appearing before two committees of the US Congress in the coming days. Gensler is slated to appear before the House Financial Services Committee this Wednesday for a hearing on the state of the markets amid the coronavirus crisis. During the hearing, Gensler is expected to face questions about the SEC's response to the chaos unleashed by the pandemic, as well as its oversight of the securities markets. Gensler is then set to appear before the Senate Banking Committee on Thursday for a hearing on the SEC’s enforcement of securities laws. It is likely that senators on the committee will question Gensler on a range of topics, such as the SEC’s efforts to protect investors, punish illicit actors, and combat insider trading. This week's hearings mark the first time that Gensler has appeared before Congress since taking office in April. It will provide members of Congress with a chance to learn more about the SEC’s efforts under his leadership and set the framework for policy discussions going forward.