Rep. Stephen F. Lynch
@RepStephenLynch
In the first two months after Trump took office, the Securities & Exchange Commission and other financial regulatory agencies dismissed more than 100 crypto- and finance-related enforcement cases – allowing finance and crypto companies to defraud American investors and consumers and violate U.S. securities laws while avoiding over $3 billion in government penalties.
The Trump Administration has also abandoned critical consumer protection policies related to the use of artificial intelligence by banks and other financial institutions.
As lead Democrat on the Subcommittee on Digital Assets and Artificial Intelligence, I demanded accountability from @SecScottBessent on behalf of American investors and consumers.
2026-02-05T02:12:50.000Z