United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John Jay Ray III, respectively — on Nov. 16 to ask for more information o...
Tag: Durbin
Warren and Durbin seek answers from Bankman-Fried and FTX’s successor
On November 16, Elizabeth Warren and Richard Durbin sent letters to the former and current CEOs of FTX, Sam Bankman-Fried and John Jay Ray III, respectively, in which they requested further informatio...
US Senators Warren, Durbin Probe FTX Collapse
Warren and Durbin, both longtime, outspoken crypto skeptics, said the collapse of FTX – which, until recently, had a $32 billion valuation and was largely perceived as one of the most stable exchanges...
Senators Warren, Durbin call on Bankman-Fried for info on FTX’s historical balance sheets
Key Senate Democrats are joining the calls for more disclosure of the historical finances of bankrupt crypto exchange FTX and the cluster of firms that had ties to it and founder Sam Bankman-Fried. &...
Dick Durbin Joins US Senators in Critiquing Fidelity’s 401(k) Bitcoin Plan
Three renowned Senators Dick Durbin, Elizabeth, and Tina Smith came together for critiquing Fidelity’s 401(k) retirement scheme. Senator Dick Durbin of the United States has joined the Labour Depart...
A Second Durbin Amendment Won’t Help Low Income Consumers
Retailers that accept credit cards pay an interchange fee for processing each transaction. The fee depends on the volume of business the retailer does and ranges from 1.2 to 3.5 percent of the transac...
As Biden Bans Putin’s Oil, Is Venezuela A Possible Replacement?
WASHINGTON, DC – MARCH 08: U.S. President Joe Biden speaks in the Roosevelt Room of the White House … [+] March 8, 2022 in Washington, DC. During his remarks, Biden announced a full ban on...