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The Latest Breaking News from Maxine Waters

Sam Bankman-Fried will testify before Congress

Uncertainty looms over next week’s hearings on FTX’s collapse.

Fortune

FTX’s Sam Bankman-Fried to testify before Congress next week

Founder and former CEO says he could talk about what he thinks led to crash and ‘my own failings’

The Guardian - US

Sam Bankman-Fried To Testify; SEC Ratchets Up Oversight

Sam Bankman-Fried said he would go before Congress next week; the SEC wants crypto exposure disclosures.

Investors Business Daily

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Senate Banking Committee: Sam Bankman-Fried will be subpoenaed if he doesn’t agree to attend FTX hearing

After weeks of waffling, the disgraced FTX founder faces an ultimatum.

Fortune

Maxine Waters and SBF. It's complicated

Rep. Maxine Waters is asking Sam Bankman-Fried to testify before Congress—if he does, the encounter could make them both uncomfortable

Fortune

With the GOP in control of the House, here's who's likely to lead key committees

House Republicans make up the majority in the House of Representatives for the 118th Congress. Here's a rundown of the lawmakers likely gaining power in key panels at the beginning of the new year.

WEKU

Congress will be taking a closer look at Sam Bankman-Fried’s political spending spree

The former FTX CEO became the Democratic party’s top donor apart from George Soros during the last election cycle.

Fortune

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Expected Financial Services chair found consensus with Democrats - Roll Call

Democrats said Rep. Patrick T. McHenry, R-N.C., expected Financial Services Committee chair, has sought to find bipartisan consensus.

Roll Call

Political divide snags the digital update to anti-redlining law

Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded.

Tribune News Service

Political divide snags the digital update to anti-redlining law - Roll Call

Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology.

Roll Call

Renting in the Bay Area on a minimum wage salary? You’ll need at least 3 jobs

Trying to rent a two-bedroom, Bay Area apartment on a minimum-wage salary? You’ll need to hold down at least three full-time jobs to make it happen.

Tribune News Service

Oklahoma-based tribes say followed rules on Freedmen rights

Leaders and representatives of five Oklahoma-based tribes have told a U.S. Senate committee they have followed treaties and court rulings regarding the citizenship of Freedmen and that the federal government should respect their sovereignty

The Independent UK

'Private Equity Companies Have Bought Up Hundreds Of Thousands Of Single Family Homes' - House Subcommittee Addresses Investments In Single-Family Rentals

The House Committee on Financial Services, led by Chairwoman Maxine Waters, Subcommittee on Oversight and Investigations held a hearing on June 28, 2022, entitled, “Where Have All the Houses Gone?

Benzinga

New Congressional Report On GameStop Trading Frenzy Cites 'Troubling Business Practices, Inadequate Risk Management'

On Friday, the House Financial Services Committee released a report on the 2021 stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood Markets Inc (NASDAQ: HOOD), trading firm Citadel Securities and high-flying stocks like GameStop Corp. (NYSE:

Benzinga

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Chicago Sun-Times

Crypto billionaire’s PAC spends nearly $1 million in Illinois Democratic congressional primaries

A PAC bankrolled by crypto billionaire Samuel Bankman-Fried poured $500,065 into television ads to elect Jonathan Jackson to Congress from the 1st District.

Los Angeles Times

Rick Caruso's role in the 2002 rejection of a Black LAPD chief created a furor

LOS ANGELES — Two decades ago, the Los Angeles Police Department faced a defining moment, as crime ticked upward, a massive corruption scandal smoldered and a federal judge pushed to correct the department's long history of civil rights violations.

Benzinga

Who Is Standing In The Way Of Marijuana Legalization? GOP Support For Cannabis Growing Though Slowly

Senate Majority Leader Chuck Schumer (D-NY) recently revealed that in a joint effort with his colleagues, he plans to reach out to Republican senators to find out what "they want" to see included in

Los Angeles Times

LA's homelessness crisis boils over: Pain, confusion, anger and a congressional F-bomb

LOS ANGELES — The nonprofit advocacy group had planned three events at a South Angeles office to help unhoused people obtain emergency shelter. Nothing more. Nothing less.

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Reason

Prof. Jonathan Turley (GW) on the Trump Civil Incitement Opinion

From today's item in The Hill: When Trump's lawyers said his language was largely indistinguishable from that of many Democrats like Rep. Maxine Waters (D-Calif.), Mehta chided them for playing "a game of what-aboutism." That "what-aboutism," however, is precisely the point. The selective imposition of liability for speech is the…

The Independent UK

Super Bowl 2022 isn’t just about sports – it’s the battle between red and blue America

From the place they play, to the team owners, the Los Angeles Rams and the Cincinnati Bengals represent two divergent parts of the country, writes Eric Garcia

The Independent UK

Super Bowl 2022 isn’t just about sports – it’s the battle between red and blue America

From the place they play, to the team owners, the Los Angeles Rams and the Cincinnati Bengals represent two divergent parts of the country, writes Eric Garcia

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