07:25 AM EDT, 07/01/2025 (MT Newswires) -- President Donald Trump's Department of Government Efficiency, or DOGE, is pressuring the Securities and Exchange Commission to ease regulations on special purpose acquisition companies and private fund disclosures, Reuters reported Tuesday, citing people familiar with the matter.

The initiative has prompted meetings between DOGE officials and SEC staff in recent weeks to explore revisions to rules introduced under the Biden administration, according to the report.

The White House is pursuing a broader deregulatory agenda, raising internal concerns at the SEC about interference with the agency's independence, Reuters quoted the sources as saying.

A White House spokesperson said the administration aims to balance market efficiency with investor protection, while the SEC said it is cooperating with DOGE to improve cost effectiveness, the report said.

The SEC and the White House did not immediately respond to MT Newswires' request for comment.

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