The Republican Congressmen are taking the charges against SEC chair Gary Gensler very seriously, or at least in a way that the people should think they are serious (as politicians). Gary is forced to answer to All republican Financial service house committee.

Anti Crypto activity jeopardized 

    Republican lawmakers believe that Gary's self-indulged opposition to crypto, without clarifying the securities law, has caused great harm to the US industry, which has badly affected the economy and jobs.

Gary jeopardised America 

     The House committee also objected to Gary Gensler's work as chair, saying that Gensler proposed too many new rules based on insufficient input and analysis, which jeopardised the quality of securities laws. 

Politics goes around 

      All congressmen in the commeettie blamed the Biden administration for the US's loss, and Gary was found not answering. Republicans gave hope to the crypto industry, yet the effect of their pressure on Gary is yet to come out.