SEC Receives A Massive Cut in Budget for FY’25, Chair Gary Gensler Blamed

The United States Securities and Exchange Commission (SEC) will receive its lowest budget since FY 2023 thanks to the increased overspending under the Chairmanship of Gary Gensler. Last week, the US Senate Committee on Appropriations marked up the agency’s funding for FY 2025 and while Gensler requested $2.594 billion, the bill only allotted him $2.23 The post SEC Receives A Massive Cut in Budget for FY’25, Chair Gary Gensler Blamed appeared first on Coin Edition .

Source: Coin Edition