The Latest Breaking News from Patrick McHenry

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

WASHINGTON — Ten days before Signature Bank collapsed, the House Republican overseeing an inquiry into the bank’s failure was inside its boardroom on New York’s Fifth Avenue.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Rep. Hill on his new digital assets subcommittee.

WASHINGTON — It was a near-fist fight on the House floor. It was four days of name-calling, late-night huddles, rush deliveries of pizzas and burritos. It was cigar smoke wafting through the hallways, diaper changes and a dog on the floor of the U.S. House of Representatives.

FTX CEO John Ray III was the sole witness during the House Financial Services Committee hearing.

What questions will lawmakers ask with SBF in custody?

How will the collapse of FTX shape regulation from Washington?

At a Monday press conference, Torres compared SBF to Bernie Madoff and voiced concerns about Tether.