Wall Street Counterattack on Gensler Hits SEC’s Foundations
The SEC chair fights the clock—and Wall Street—to finish the job. His agenda on everything from markets to climate is under attack.
When Gensler arrived at the SEC in 2021, he took on just about everything. His message: Let the sunshine in.
Photographer: T.J. Kirkpatrick/BloombergThe fake news, supposedly from the SEC, arrived at precisely 4:11 pm. The real news, from Gary Gensler, came 15 minutes later.
The official X account of the Securities and Exchange Commission somehow had been hacked, the SEC chair tweeted flatly from his personal account. An earlier post on @SECGov, claiming the commission had approved several Bitcoin investment products, was false — possibly a ploy to manipulate the cryptocurrency.