Gensler Deputies Get an Earful From House Republicans (and Some Polite Pushback From Democrats, Too)
Also, FDIC's Gruenberg rebuts banks' talking points on capital
It was a rough morning, to say the least, for Jessica Wachter and Haoxiang Zhu. Hauled up for an oversight hearing before the House Financial Services capital markets subcommittee, the two SEC division directors barely had time to parry one caustic question before the next was fired off from the dais. Much of the lambasting came from Republicans upset a…