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The Senate confirmed Gary Gensler, a progressive ally of Sen. Elizabeth Warren, to lead the Securities and Exchange Commission, the top Wall Street regulatory agency.
“Mr. Gensler is an experienced public servant with a strong record of holding Wall Street accountable,” Senate Banking Committee Chairman Sherrod Brown said Tuesday.
Senate Republicans opposed Gensler’s, arguing that he had a penchant for over regulating when he led the Commodity Futures Trading Commission during the Obama administration.
The Senate confirmed Gary Gensler, a progressive ally of Sen. Elizabeth Warren, to lead the Securities and Exchange Commission, the top Wall Street regulatory agency.
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Senator Toomey Proposes Framework For Ending GSE Conservatorship - Finance and Banking
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SIFMA Statement On Ranking Member Toomeyâs Guiding Principles For Housing Finance Reform Date
17/03/2021
SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the set of guiding principles for housing finance reform introduced by U.S. Senate Banking Committee Ranking Member Pat Toomey (R-PA):
“SIFMA applauds Ranking Member Toomey for publishing principles for GSE reform. SIFMA has long supported comprehensive housing finance reform that includes a government guarantee to ensure the continued liquidity of the TBA MBS market. We urge Congress to enact thoughtful reform that creates a permanent solution to the ongoing conservatorships of the GSEs.”