A brand new report says that when the Securities and Alternate Fee sued Elon Musk lower than per week earlier than President Trump’s inauguration, just one member—the present chairman—voted towards submitting the lawsuit.

The vote behind closed doorways was 4–1, with three Democrats and Republican Hester Peirce becoming a member of to assist the lawsuit over Musk’s late disclosure of a Twitter inventory buy in early 2022, Reuters reported today. The one dissent reportedly got here from Republican Mark Uyeda, who was subsequently named performing SEC chairman by Trump.

Uyeda additionally requested SEC enforcement workers “to declare {that a} case they wished to deliver towards Elon Musk was not motivated by politics, an uncommon request that the staffers refused,” Bloomberg reported last month. Reuters stated its sources confirmed that “workers refused to signal the pledge, as it’s not typical SEC follow.”

Reuters reported that two of its sources “stated Uyeda and his fellow Republican Peirce took problem with what the SEC wished Musk to pay—giving up $150 million in alleged unjust enrichment plus a penalty. Nonetheless, Peirce joined with the three Democrats in voting to sue.”

An SEC spokesperson declined to touch upon the vote when contacted by Ars at this time. The three present commissioners are Uyeda, Peirce, and Democrat Caroline Crenshaw. Gary Gensler, a Democrat who was chair below Biden, left upon Trump’s inauguration. Democrat Jaime Lizárraga additionally resigned from the SEC in January.