WASHINGTON, March 30 -- Sen. Richard Blumenthal issued text of the following press release:
U.S. Senator Richard Blumenthal (D-CT), Ranking Member of the Senate Permanent Subcommittee on Investigations, today wrote to Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), demanding answers about recent reports that the SEC may have exercised preferential treatment for financial partners of President Trump against the advice and warnings of senior staff.
Recent reporting from Reuters revealed that Margaret Ryan, a civil servant who served as the agency's Director of the Division of Enforcement, left her role shortly before the SEC dismissed fraud charges against Justin Sun, a key partner in the Trump family's cryptocur...