House Financial Services Committee
Fed's Powell: No Decision yet on Size of March Rate Hike
U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.
El presidente del Panel de Activos Digitales de la Cámara de Representantes está listo para trabajar con el Comité de Agricultura en el marco de las Cripto.
El representante estadounidense French Hill es el presidente del recién formado Subcomité de Servicios Financieros sobre Activos Digitales.
FTX Money respaldó a legisladores estadounidenses con el futuro de las Cripto en sus manos
Las campañas del 38% de los miembros de los cuatro comités más importantes, incluidos líderes clave, recibieron dinero del ex director ejecutivo Sam Bankman-Fried y otros ejecutivos, según registros de la Comisión Federal Electoral.
Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry (R-N.C.), a top Republican on the House Financial Services Committee, wants the U.S. Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill. "The Hash" panel discusses the latest in the world of crypto regulation.
El presidente entrante del Comité de Servicios Financieros de la Cámara de Representantes pide a la secretaria Yellen que retrase la disposición sobre el impuesto a las Cripto
El REP Patrick McHenry, que preside el comité en enero, expresó sus preocupaciones en una carta a la secretaria del Tesoro, Janet Yellen.
U.S. Attorney for SDNY Announces Charges Against Sam Bankman-Fried
Damian Williams, the United States Attorney for the Southern District of New York, announced that former FTX CEO Sam Bankman-Fried was charged in an 8 count indictment that includes allegations of fraud, money laundering, and campaign finance offenses. Plus, in testimony before the U.S. House Financial Services Committee, new FTX CEO John J. Ray III said FTX embezzled customer funds.
FTX's New CEO: 'This Is Really Old-Fashioned Embezzlement'
John J. Ray III, FTX's replacement CEO said in testimony before the U.S. House Financial Services Committee, "This is really old-fashioned embezzlement ... This is just taking money from customers and using it for your own purpose." Freshfields Bruckhaus Deringer Partner Timothy Howard breaks down the latest legal developments, citing his experience working at the United States Attorney’s Office for the Southern District of New York.
Sam Bankman-Fried's Leaked Testimony Shows What the Former CEO Planned on Telling Lawmakers: Report
In Sam Bankman-Fried's prepared testimony he planned to deliver to the U.S. House Financial Services Committee Tuesday morning, he said "I would like to start by formally stating, under oath: I f---ed up," according to multiple published reports. "The Hash" panel discusses what to make of Bankman-Fried's remarks.
Sam Bankman-Fried Agrees to Testify Before Lawmakers
Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, has said in a tweet that he'll testify before the House Financial Services Committee at a Dec. 13 hearing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect from the meeting and insights on SEC's letter that urges companies to disclose crypto damage to investors.