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 complete pressure of the ‘legislation’ in an effort to punish considered one of their most formidable enemies.
Reuters reported Friday that the SEC mentioned they might sanction Elon Musk after he refused to look 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 in search of an excuse to hurt the world’s richest man.
From Reuters:
The U.S. Securities and Alternate Fee mentioned on Friday it intends to hunt sanctions in opposition to Elon Musk after he failed to look for court-ordered testimony for the regulator’s probe into his $44 billion takeover of X/Twitter.
In a court docket submitting, the SEC mentioned the sanctions movement would search an order to point out 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 referred to 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 point out up in a San Francisco court docket and testify relating to his buy of X/Twitter. He didn’t present up, probably assuming it was a entice.
This additionally fulfills a promise from Biden, who beforehand vowed to focus on Musk proper after he bought X/Twitter in 2022.
“There’s a whole lot 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 a whole lot of methods [to get him]” pic.twitter.com/HrHH9mwNP6
— Finish Wokeness (@EndWokeness) September 20, 2024