House Financial Services Committee

Key Takeaways From House Hearing on FTX Crypto Collapse
Key Takeaways From House Hearing on FTX Crypto Collapse
December 13, 2022  |  Cryptocurrency

Hearings into the FTX crypto collapse kicked off without input from now-jailed founder Sam Bankman-Fried. As reported by PYMNTS, the failed FTX founder faces eight...

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Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
Crypto Exchange Binance Sees Spike in Withdrawals From Spooked Investors
December 13, 2022  |  Cryptocurrency

Crypto exchange FTX has been criminally charged with being shot through with fraud from inception. The news, revealed in a federal indictment unsealed Tuesday morning...

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FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
FTX Bankruptcy CEO Says Record-Keeping Had Been ‘Near-Zero’
December 12, 2022  |  Cryptocurrency

The CEO of FTX said the firm’s corporate infrastructure and record-keeping had been “near-zero.”  In prepared testimony that is to be delivered to the House...

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Tweet It to Believe It: SBF Speaking at House Hearing
Tweet It to Believe It: SBF Speaking at House Hearing
December 09, 2022  |  Cryptocurrency

The one-time billionaire founder of failed Crypto exchange FTX, Sam Bankman-Fried, is heading to Washington. This, as the fallen king of crypto tweeted to Congresswoman and...

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FTX Founder Will Testify Before Congress After ‘Learning and Reviewing’
FTX Founder Will Testify Before Congress After ‘Learning and Reviewing’
December 05, 2022  |  Cryptocurrency

FTX’s founder has indicated he’ll eventually appear before a congressional committee investigating his company. On Twitter Sunday (Dec. 4), Sam Bankman-Fried responded to Rep. Maxine...

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House Financial Services Committee Announces December Hearing on FTX Collapse
House Financial Services Committee Announces December Hearing on FTX Collapse
November 16, 2022  |  Regulation

The downfall of crypto trading platform FTX has triggered a worldwide regulatory investigation, and now the U.S. House Financial Services Committee is undertaking a bipartisan...

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Smart Crypto Policy Can Protect Dollar’s Dominance, Experts Tell House Panel
Smart Crypto Policy Can Protect Dollar’s Dominance, Experts Tell House Panel
September 21, 2022  |  Regulation

If the U.S. is to maintain its economic and political leadership in the 21st century, one thing it cannot do is lose control of the...

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Lawmaker: Stablecoin Bill Could Bypass Regulators
Lawmaker: Stablecoin Bill Could Bypass Regulators
July 18, 2022  |  Cryptocurrency

A member of the House Financial Services Committee said lawmakers could overrule U.S. regulators who want stablecoins to be governed solely by banks. As Coindesk...

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Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
June 29, 2022  |  Banking

Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and...

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