Jennifer Schulp of the Cato Institute writes about how the SEC has created uncertainty for businesses:

Earlier in September, Securities and Exchange Commission (SEC) chairman Gary Gensler appeared for the second time before the U.S. Senate Committee on Banking, Housing, and Urban Affairs to provide the agency’s annual oversight testimony. His first appearance had demonstrated his commitment to an ambitious and aggressive SEC agenda that would limit investor options under the guise of so-called investor protection. While a lot has changed in the past year — consider the 34 rule proposals — Gensler’s commitment to his agenda has not wavered. That’s a shame.
Ralph Waldo Emerson wrote that “a foolish consistency is the hobgoblin of little minds.” Unfortunately, such a hobgoblin stalks Gensler’s thinking in two important areas: cryptocurrency regulation and climate-risk disclosures.

David Bahnsen talks to Larry Kudlow on the latest episode of the Capital Record. You don’t want to miss this one. Listen here, or wherever you get your podcasts.