Nearly a year of text messages from former Securities and Exchange Commission Chair Gary Gensler were permanently deleted due to agency errors, prompting House Republicans to launch an oversight investigation into regulatory lapses. Four Republican committee chairs, including House Financial Services Committee Chairman French Hill, informed current SEC Chair Paul Atkins that Congress is investigating the loss of Gensler's communications from October 2022 through September 2023, spanning the agency's most aggressive enforcement push against crypto firms, in a letter sent Tuesday.