GAO To Probe SEC Changes Under Trump Administration, Musk's Department: Report - Coinbase Global (NASDAQ:COIN)
1. GAO plans to investigate SEC changes led by the White House. 2. Focus on staff reductions and work consolidation during Trump's administration. 3. Senators raised concerns about SEC's regulatory effectiveness amid these changes. 4. Market volatility follows Trump's tariff announcements, raising regulatory scrutiny. 5. Coinbase is notably affected by SEC's enforcement tactics and recent investigations.