A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, for “pursuing a reckless, rushed rulemaking agenda with inadequate economic analysis and limited public input.” He warned that “the adverse consequences in one sector can bleed over into another, causing lasting economic harm.” Gary Gensler’s SEC Faces Backlash for Rushed Rulemaking Congressman Frank Lucas (R-OK) has slammed the U.S. Securities and Exchange Commission (SEC) and its Chair Gary Gensler over the regulator’s reckless approach to rulemaking. The official account for Financial Services GOP wrote on the X platform Monday: Gary Gensler’s SEC is pursuing a reckless, rushed rulemaking agenda with inadequate economic analysis and limited public input — threatening to upend our capital markets. Rep. Frank Lucas is holding the SEC accountable to ensure our markets remain the envy of the world. As the longest-serving Republican on the House Financial Services Committee, Lu
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