Washington is not short of Russia and China hawks. The Senate Banking Committee on Feb. 28 asked … [+] —how can the U.S. sanction China like we are Russia? Photo by Valery SHARIFULIN / Sputnik /...
Tag: Sherrod Brown
Congress Needs To Act On Crypto But The Senate Is Way Behind
Businessman is holding a bitcoin as part of a business network, Cryptocurrency blockchain … [+] connection, Technology and financial investment background concept. getty On February 8th, the Hou...
Taxpayers’ $36 Billion Pension-Fund Bailout Comes With One Thin String Attached
The government’s rescue of private pension plans comes with few strings attached. Illustration by Fernando Capeto for Forbes; Photos by Klaus Vedfelt/Getty Images; Westend61/Getty Images Here’s ...
Bankman-Fried ‘unwilling’ to accept subpoena, escalating Senate standoff
Senate lawmakers blasted former FTX CEO Sam Bankman-Fried for declining to appear at a hearing this week, calling his decision an “unprecedented abdication of accountability.” The Senate Banking...
Sam Bankman-Fried ghosts Senate for testimony on FTX collapse
Former FTX CEO Sam Bankman-Fried and his attorney did not respond to the Senate Banking Committee’s demand that he testify or otherwise cooperate with an investigation into his failed corporate ...
Senate Banking Committee calls on Bankman-Fried to testify on Dec. 14
The U.S. Senate Banking Committee wants Sam Bankman-Fried to testify on the collapse of his crypto exchange, FTX and linked trading firm, Alameda Research. “As the Founder and CEO of FTX ...
Bankman-Fried-backed bill on hold until next Congress, says Senate chair
The Digital Commodities Consumer Protection Act, or DCCPA, whose association with Sam Bankman-Fried has come under added scrutiny following FTX’s collapse, is on pause until next year. Senate Ag...
Senators warn of SoFi consumer risks amid crypto crash
Democrats on the Senate Banking Committee are worried that trading activities by SoFi Digital Assets could pose consumer risks, and warned that taxpayers “may be on the hook” to bail out the firm’s pa...
Congress wants SBF to come to Washington — one more time
Members of Congress want to hear from Sam Bankman-Fried and other crypto executives about FTX’s sudden and complete collapse, including the impact it’s had on customers and the entire digital asset ec...
Senate Banking Committee eyes hearing on Sam Bankman-Fried’s FTX collapse
A key Senate committee could hold a hearing to investigate the collapse of crypto exchange FTX. The Senate Banking Committee is “working to schedule a hearing and details are forthcoming,” accor...
Senate Banking chair warns crypto could ‘crash our financial system’ following FTX collapse
Senate Banking Committee Chair Sherrod Brown, D-Ohio, is sounding the alarm on crypto following FTX’s collapse. “This year we’ve seen cryptocurrency values collapse by $2 trillion. 2,000 ...
Republicans Slam Democrats At Banking Hearing
Topline Members of the House Financial Service Committee grilled major bank CEOs at a hearing on Wednesday over issues facing the US economy, including rising interest rates and the possibility of rec...
Multiple crypto regulators could ‘undermine’ securities rules
Securities and Exchange Commission Chair Gary Gensler cautioned that multiple federal agencies overseeing securities could “undermine” market regulation, during a regular oversight hearing of his agen...