The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion announced in a September 13 notice that they will hold a hearing titled "Bewilderment and Confusion: Unpacking the SEC's Politicized Approach to Digital Assets." The September 18 hearing will feature testimony from former SEC Commissioner Dan Gallagher and Michael Liftik, who has served as a lawyer, senior advisor, or acting enforcement chief at the SEC for about a decade. The subcommittee's leadership alleges that SEC Chair Gary Gensler has "prioritized and implemented an enforcement and regulatory agenda that is detrimental to the digital asset ecosystem" during his tenure. They point to Gensler's inconsistent stance on digital assets as securities under the Howey Test and disagreement among agency members. (Cointelegraph)