House lawmakers took part in a contentious debate over how stablecoins should be regulated at a hearing held by the Financial Services Committee’s digital assets panel—where there were also some hopeful signs from both sides. At the heart of the debate on May 16 was the level of involvement of state regulators and the Federal…
Lawmakers Clash Over Regulation of Stablecoins
Financial Regulators Too Focused on ‘Climate Risks’ While Ignoring Silicon Valley Bank, Lawmakers Say
Financial regulators came under scrutiny over what congressional members see as misplaced priorities ahead of the collapse of Silicon Valley Bank (SVB). In a hearing on Wednesday, House Financial Services Committee chair Patrick McHenry (R-N.C.) chastised Federal Reserve vice chair for supervision Michael Barr for making time “to start a review of climate risks in…
LIVE December 13, 10 AM ET: House Financial Services Committee Investigates the Collapse of FTX–Part I
House Committee on Financial Services full Committee Chairwoman Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry (R-N.C.) will host a hybrid hearing entitled, “Investigating the Collapse of FTX, Part I” on Dec. 13. The Epoch Times will livestream this hearing starting at 10 a.m. ET. Access the livestream on this page, and also at EpochTV. Witnesses…
Democrat on House Financial Services Committee Hired FTX Crypto Kingpin’s Brother
Commentary A Democrat who sits on the House Financial Services Committee hired the brother of the head of the bankrupt cryptocurrency company FTX, potentially raising ethical questions. Gabe Bankman-Fried, the younger brother of FTX CEO Samuel Bankman-Fried, went to work in January 2019 for Rep. Sean Casten (D-Ill.). Casten, then a freshman congressman, was named that same…
Rep. Maxine Waters Paid Daughter $16,500 in Campaign Funds for Reelection Services in June
The reelection campaign of Rep. Maxine Waters (D-Calif.) paid out over $16,000 to Waters’s daughter in the second quarter of 2022, adding to the more than $1.2 million the congresswoman’s daughter has received from her mother’s campaigns since 2003. According to campaign finance filings at the Federal Election Commission, Waters paid $16,500 to Karen Waters in June for…
Exclusive: Gosar Says Democrats ‘Want to Cripple And Destroy The Mining Process’
Rep. Paul Gosar (R-Ariz.) told The Epoch Times that several Democrats should be stripped of their committee assignments if Republicans regain control of Congress in the 2022 midterm elections. In November 2021, Gosar was censured and taken off committees after his Twitter account shared an anime video in which a cartoon version of the congressman…
How Maxine Waters is Getting People Killed for her Irresponsible Rhetoric | Larry Elder [COMING SOON 05/05 6PM ET]
There is no polite way to say this: Maxine Waters is getting people killed. For example, she ordered her supporters to harass cabinet members in the Trump Administration. She also repeatedly criticizes police officers claiming they are trained to “keep black people in their place.” It’s this type of irresponsible attack that leads to what…
How Maxine Waters is Getting People Killed for her Irresponsible Rhetoric
There is no polite way to say this: Maxine Waters is getting people killed. For example, she ordered her supporters to harass cabinet members in the Trump Administration. She also repeatedly criticizes police officers claiming they are trained to “keep black people in their place.” It’s this type of irresponsible attack that leads to what…
How Maxine Waters Is Getting People Killed by Her Irresponsible Rhetoric
There is no polite way to say this: Maxine Waters is getting people killed. For example, she ordered her supporters to harass Cabinet members in the Trump administration. She also repeatedly criticizes police officers, claiming they are trained to “keep black people in their place.” It’s this type of irresponsible attack that leads to what…
Rep. Waters: Chauvin Trial Judge Was ‘Way Off Track’ With Appeal Comment
Rep. Maxine Waters (D-Calif.) said Saturday that the Minnesota judge overseeing the trial of former Minneapolis police officer Derek Chauvin was “way off track” in saying that remarks Waters made to demonstrators before the verdict was handed down could help the defense win an appeal. “I’ve talked with a lot of legal scholars and lawyers….
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