House Republicans introduce bill to remove SEC Chair Gary Gensler, restructure agency

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House Republicans introduce bill to remove SEC Chair Gary Gensler, restructure agency
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Two House Republicans have introduced a bill to remove SEC Chairman Gary Gensler from his position and restructure the Securities and Exchange Commission.

Ohio Republican hits Secretary Pete Buttigieg and the federal government for their response to the East Palestine toxic train derailment.Rep. Warren Davidson, R-Ohio, and House Majority Whip Tom Emmer, R-Minn., introduced the SEC Stabilization Act that would restructure the SEC and remove Chairman Gary Gensler from his post.

"U.S. capital markets must be protected from a tyrannical Chairman, including the current one," Davidson said. "Thank you, Representative Davidson, for leading this important effort to restore sanity at the SEC," Emmer added.

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