Skip to Primary Navigation

Regulators not taking their foot off the pedal

Securities and Exchange Commission Chairman Paul Atkins gives opening remarks at a roundtable with the SEC's Crypto Task Force at the Securities and Exchange Commission headquarters on April 25, 2025 in Washington, DC.
Photo: Anna Moneymaker / Getty Images

While the government efficiency crusade is slashing federal oversight and trimming bureaucracy, regulatory enforcement looks like it remains strong — but timing is key.

The Department of Government Efficiency’s (DOGE) influence on federal financial regulators has coincided with what appears to be a higher than usual intensity of enforcement action.

Since February, more than 75,000 federal employees have exited under voluntary separation programs. The SEC has already acknowledged a 16% workforce reduction in early 2025.

Yet