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SEC Staffing Levels Decline Significantly Under Trump
PYMNTS·
New Government Accountability Office data reveals an 18% decrease in Securities and Exchange Commission (SEC) staffing levels since 2025. This reduction is attributed to attrition and broader White House initiatives aimed at cutting government jobs. The report highlights a notable decline in personnel across various SEC divisions, potentially impacting the agency's regulatory and enforcement capabilities. The findings raise questions about the SEC's capacity to oversee financial markets effectively amidst evolving economic landscapes and technological advancements.
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regulation
fintech
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PYMNTS — pymnts.com