Chairman of the US Congressional Finance Committee: The current Securities Law simply does not work in front of Libra.

On the evening of September 24th, Beijing time, the hearing of the US House of Representatives Financial Services Committee and the SEC Chairman and Committee was underway. Maxine Waters, Chairman of the US Congressional Finance Committee: The SEC did not fulfill its mission as a “Wall Street Policeman”. No action was taken on Libra and the regulations were incomplete. The current Securities Law is “not working” in front of Libra. The SEC needs better tools.