The House Financial Services Committee held a grueling 4.5 hour oversight hearing.Securities and Exchange Commission Chair Gary Gensler has positioned himself as crypto’s biggest opponent in Washington, D.C. Tuesday, however, a House oversight hearing took Gensler to task for his regulation by enforcement and his inability or unwillingness to provide the crypto industry with clarity. But was it all just political theater? “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.