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Bryan Steil: “Gary Gensler was operating the Securities and Exchange…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

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TRM Talks: Congressman Bryan Steil on Crypto Legislation and the Future of Digital Assets

Published | Video Starts at 15:30

In large part, I think you're going to see a little bit of all the above. I think the reason that comes front of mind is because in large part, the way that Gary Gensler was operating the Securities and Exchange Commission in the Biden administration [with] the threat of enforcement action ensuing. And so if you step back and say, who's the most threatened by that? It's regulated entities, right? So the entrepreneur in a basement or in dorm room might say, I'm going to wing it and give this a shot. (15:30–15:39)

CLAIM

Asserts that Gary Gensler's SEC operated with a threat of enforcement actions.

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