A Republican commissioner at the Securities and Exchange Commission (SEC) offered a searing critique of the agency’s work under Democratic Chair Gary Gensler on Tuesday, as Gensler defended his tenure during a joint appearance of all five commissioners before Congress. SEC Commissioner Hester Peirce, whose name has been floated as Gensler’s potential successor under a second Trump administration, criticized the agency’s approach to digital assets and suggested that they have “fallen down on our duty as a regulator.” "We’ve taken a legally imprecise view to mask the regulatory lack of clarity,” Peirce told the House Financial Services Committee, adding, “I think what’s happening is
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