Sen. Elizabeth Warren (D-Mass.) wants the Securities and Exchange Commission (SEC) to prohibit organizations from “saying whatever they want about Washington policy debates,” according to a letter she sent to the agency on Thursday.
Warren sent a letter to SEC Chairwoman Mary Jo White calling for an investigation into alleged discrepancies between statements insurance executives made to their investors and complaints these same individuals made about the impact new government regulations would have on their businesses, The Wall Street Journal reports.
The new regulations stem from a Department of Labor rule change that will make it tougher for investment firms that handle retirement funds to operate.
As ever, the Democratic party partners with the entrenched bureaucracy to weaponize the government against the governed.
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