As Jim Hoft beforehand reported, Biden-Harris’s Securities and Alternate Fee has been baselessly investigating Elon Musk’s lawful buy of X/Twitter since 2022 and is suing him. Now, the Biden-Harris regime intends to levy the total pressure of the ‘regulation’ in an effort to punish one in all their most formidable enemies.
Reuters reported Friday that the SEC stated they’d sanction Elon Musk after he refused to seem in court docket for testimony relating to his acquisition of X/Twitter. To make issues worse, they’re making this choice though his testimony had already been rescheduled for early October, demonstrating the Regime was on the lookout for an excuse to hurt the world’s richest man.
From Reuters:
The U.S. Securities and Alternate Fee stated on Friday it intends to hunt sanctions in opposition to Elon Musk after he failed to seem for court-ordered testimony for the regulator’s probe into his $44 billion takeover of X/Twitter.
In a court docket submitting, the SEC stated the sanctions movement would search an order to indicate trigger for why Musk shouldn’t be held in civil contempt for ready till simply three hours earlier than the scheduled Sept. 10 testimony to advise he wouldn’t seem.
Attorneys for Musk known as sanctions “drastic” and pointless, saying his testimony has already been rescheduled for Oct. 3.
A spokesman for the SEC declined to remark.
The Gateway Pundit beforehand revealed final yr that the Regime’s SEC had sued Musk as a result of they subpoenaed him final September to indicate up in a San Francisco court docket and testify relating to his buy of X/Twitter. He didn’t present up, seemingly assuming it was a lure.
This additionally fulfills a promise from Biden, who beforehand vowed to focus on Musk proper after he bought X/Twitter in 2022.
“There’s lots of methods to get him,” Biden boasted.
WATCH:
BREAKING: The SEC will sanction Elon Musk in its Twitter acquisition probe
Biden proper after Elon purchased Twitter:
“There’s lots of methods [to get him]” pic.twitter.com/HrHH9mwNP6
— Finish Wokeness (@EndWokeness) September 20, 2024
