Fox Reporter: The U.S. Securities and Exchange Commission sues Musk intending to pit the agency against the White House

ChainCatcher News, regarding the lawsuit against Musk by the U.S. Securities and Exchange Commission for alleged securities violations, Fox Business News reporter Charles Gasparino wrote that insiders close to the SEC revealed this is a middle finger raised by the Democratic majority, not only towards Musk but also towards Trump and his SEC chairman nominee Paul Atkins. They are openly attempting to create division between law enforcement agencies and the White House with a relatively minor violation.

For Musk, this violation could be resolved with a small check and neither confirm nor deny reaching a settlement. But the underlying intention is Gensler's attempt to undermine Trump.

Gasparino stated that two years ago, the SEC almost knew all about Musk's acquisition of Twitter case. Why did they choose to announce it before Trump's inauguration? Now, this case has become a political topic.