Sens. Question If SEC Official Abused Role In Remarks To Citi

By Jon Hill (June 13, 2018, 7:11 PM EDT) -- Six Democratic senators have asked the U.S. Securities and Exchange Commission's inspector general to look into reports that outgoing Commissioner Michael Piwowar lit into Citigroup Inc. executives during a private meeting at the agency after the bank rolled out firearm sales restrictions for retail clients in the wake of the Parkland, Florida, school shooting.

In a letter sent Wednesday, Sen. Chris Van Hollen of Maryland and five of his colleagues told SEC Inspector General Carl W. Hoecker that they are troubled by the reported remarks of Piwowar, a Republican, who allegedly hectored the Citi executives about the bank's gun policy at...

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