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Republican House Majority Whip Tom Emmer has called SEC Chair Gary Gensler potentially the worst in history following a watchdog report revealing a year’s worth of missing text messages. The lost records coincide with key crypto enforcement actions, raising transparency concerns. Emmer accused Gensler of running his own show with less-than-honest behavior.
- SEC IT department accidentally deleted nearly a year of Gensler's texts, including records related to crypto enforcement during 2022-2023
- 38% of recovered messages involved critical SEC actions and conversations about suing digital asset firms
- The SEC fined major banks for record-keeping failures during the same period Gensler's texts went missing
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