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Harsh words for Gary Gensler, chairman of the Financial Services Committee: He fooled us, too
In the official documents of the lawsuit filed against the US Securities and Exchange Commission (SEC), it was revealed that the institution has been considering Ether as a security for at least 1 year. This situation received a reaction from the Financial Services Committee of the US Congress.
Patrick McHenry, a Republican Party member who chairs the committee, accused SEC chairman Gary Gensler of knowingly and willingly manipulating U.S. courts.
It is further evidence of arbitrary acts"
Speaking to Fox Business correspondent Eleanor Terrett from the US media, McHenry had harsh words for SEC and Gensler:
"Now, a few months after a federal judge found that SEC employees lied to the court and sentenced them, it has now been revealed that Gary Gensler misled Congress. In an interview with the Committee last April, he refused to comment on SEC's stance on Ether. Court documents show that Gensler deliberately concealed the agency's stance on the issue and misled Congress. He deceived us too. Classifying Ether as a security is SEC and contradicts Gensler's previous statements. This is another proof that the institution acts arbitrarily on digital assets and imposes regulations on companies by force."
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