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House Financial Service Committee
US House Republicans to Set Up Crypto Committee to Oversee Shaky Industry: Report
The new subcommittee on digital assets, financial technology and inclusion will be chaired by Rep. French Hill (R-Ark.)
With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash
Sam Bankman-Fried is now a criminal defendant, and CEO John Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes."
House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
However, Waters tweeted on Wednesday evening that "lies are circulating" that she's not willing to subpoena the disgraced former head of FTX.
Questions Lawmakers Should Ask Sam Bankman-Fried: Legal Expert
Former FTX CEO Sam Bankman-Fried tweeted that he will testify before the House Financial Services Committee after "learning and reviewing what happened" to his insolvent crypto exchange. James Murphy, securities Lawyer and founder of law firm Murphy & McGonigle, outlines the questions he thinks lawmakers should ask SBF.
Sam Bankman-Fried Says He Will Testify Before US Congress
Former FTX CEO Sam Bankman-Fried said he will testify before the House Financial Services Committee after "learning and reviewing what happened" following the implosion of the crypto exchange he created. Murphy & McGonigle founder James Murphy shares his insights and legal considerations. Plus, the potential reasons why Bankman-Fried is embarking on an unprecedented media tour.
Top House Committee to Hold Hearing Into FTX Collapse
The House Financial Services Committee plans to hear from FTX and related entities during a hearing next month.
Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.
FTX and Yellen Hearings on Capitol Hill: Top Takeaways
The House Committee on Agriculture hosted a hearing Thursday examining FTX’s proposal on clearing customers’ margin-backed swaps trades. Separately, Treasury Secretary Janet Yellen testified on the economy and the annual financial stability report before the House Financial Services Committee. CoinDesk’s Nikhilesh De discusses the key takeaways.
Crypto in Focus on Capitol Hill
The House Financial Services Committee is holding a hearing on the Financial Stability Oversight Council with Janet Yellen. Separately, the House Agriculture Committee is expected to hold a hearing on the FTX disintermediation proposal. CoinDesk’s Nikhilesh De discusses what to expect. Plus, reactions to EU reportedly looking to ban large-scale stablecoins.
Stablecoin Regulation Takes Center Stage at House Hearing Tuesday
The House Financial Services Committee is meeting to discuss stablecoin regulation Tuesday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what we can expect.