A report from Reuters earlier this month claimed that the SEC's former chief of enforcement clashed with agency leadership over cases involving those in Trump's orbit before resigning.
Two Democratic senators are pressing the Securities and Exchange Commission for answers over the March resignation of enforcement chief Margaret Ryan after Reuters reported she clashed with agency leadership over cases involving people tied to President Donald Trump.
In a letter to SEC Chair Paul Atkins on Monday, Senator Richard Blumenthal questioned the agency over the decision to drop the fraud case against Tron founder Justin Sun, a partner of the Trump-backed World Liberty Financial (WLFI) crypto platform, 11 days before Ryan stepped down.
In a separate letter, Senator Elizabeth Warren also questioned the SEC over the director’s resignation and whether Ryan “faced resistance” from SEC leadership over certain cases tied to Trump’s circle.
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