“Hide consequences” if musk reaches SEC – the American legislator

The best democracy in the US House of Representatives Financial Services Committee issued a warning after reports indicated that the “government competence” team of Tesla Elusk will receive data and regulations in the Securities and Stock Exchange Committee (SEC).
In a notice on March 31, actor Maxine represents water repeat Warning from a letter sent to SEC Mark Oida President in February in response to the MUSK government efficiency, her arrival to SEC sensitive information. Dog is a consulting body for US President Donald Trump instead of an official ministry established by Congress. According to the legislator in California, the granting of this access to Musk will have “severe consequences” for American investors and current interests.
“[…] As a result of this acquisition, the agency is at risk of data violations and market disruption, both of which may lead to investors, including retirees, and the loss of severe gain savings, adding:
“Not only that, Musk, who was the subject of SEC enforcement procedures for breaking the laws and systems of securities, can take advantage of his own business and harm his competitors using his access to secret business information and its impact on the agency’s operations.”
Follow Waters warning multiple reports This indicates that the Musk’s Doge team Call SEC and will be given access to the committee’s systems and data. Since joining the Trump administration as a private government employee, “Musk has led the efforts to shoot at multiple government agencies, including the USAID and Consumer Financial Protection Office (CFPB).
Related to: Can the law keep up with musk and dawn?
As one of the American financial organizers, SEC is responsible for overseeing and organizing many aspects of the cryptocurrency industry, including whether many symbols qualify as securities. During the Uyeda era and US President Donald Trump, the committee has dropped many lawsuits that claim violations of securities laws against encryption companies since January.
SEC “Cost Rowing” strategy?
It is unclear whether the DOGE team intends to “cleanse” SEC for employees, Musk is not loyal to the Trump administration, and it was implicit in some of the lawsuits involved in other government agencies. Cointelegraph on behalf of Uyeda and SEC Caroline Krinsho’s chairman to comment but did not receive a response at the time of publication.
Dog’s infiltration of the amount in the Supreme Education Council comes at a time when the American Senate Banking Committee is expected to vote on whether the nomination of Paul Atkins will be submitted, which is Trump’s choice to head the agency. In the March 27 confirmation session, Atkins said it “definitely” will be ready to work with Dog if confirmed. Democratic lawmakers in the session I doubted the conflict of the potential interests of Takins With the encryption industry.
magazine: SEC’s U-Orn on Crypto Main Questions Waves without answering
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