Senate Banking Committee
Sam Bankman-Fried to Face Subpoena from Senate Committee if He Doesn't Voluntarily Testify
The Senate Banking Committee wants Sam Bankman-Fried to appear before it next week in person to discuss the collapse of FTX, and will subpoena him if he does not appear voluntarily, a letter from its leaders said Wednesday. CoinDesk's Nikhilesh De joins "First Mover" to discuss the latest developments.
Senate Committee to Subpoena FTX's Sam Bankman-Fried if He Does Not Testify Voluntarily
The Senate Banking and House Financial Services committees are holding hearings on FTX's collapse next week.
After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation
The chairman of the Senate Banking Committee – the missing ingredient in previous efforts – has invited Treasury Secretary Janet Yellen to start working with him on legislation.
US Senators Ask Bank Regulators to 'Review' SoFi's Crypto Listings
"SoFi’s digital asset activities pose significant risks to both individual investors and safety and soundness," the lawmakers said.
The SEC Is Talking to a ‘Wide Swath’ of Crypto Organizations: Gensler
SEC Chairman Gary Gensler testified before the Senate Banking Committee Thursday, noting the “vast majority” of cryptocurrencies are securities, while referencing the Howey Test. Plus, he shares that the agency is talking to a “wide swath” of crypto organizations about registering with the SEC.
US Senators Press Meta Platforms CEO Mark Zuckerberg to Combat Crypto Scams
An FTC study shows 49% of crypto-related frauds originated on social media platforms like Facebook, members of the Senate Banking Committee say.
US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.
Republicans Seek to Counter Effort to Curtail Crypto Mining
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.
'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
