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FOUND: 3 - What They Never Told You

The House prepares for a historic crypto vote as the political tides shift

The House is poised to advance the comprehensive FIT21 bill today, which would establish a regulatory framework for the blockchain sector.

Fortune

Congresswoman Waters Opposes Capital One-Discover Merger

Congresswoman Maxine Waters opposes the Discover-Capital One merger, citing concerns about consumer impact and competition in the financial services industry.

Top News

Regulating Crypto: SEC Chief Takes The Lead, Republicans Lag Behind

SEC's Gensler asserts authority over crypto as GOP struggles to propose restraints

Zenger

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The failure of the stablecoin bill reveals the new political divide in crypto

A look back at last week's congressional markup sessions over crypto regulation.

Fortune

House Republicans Launch Assault On ESG Regulations

Hearings focus on climate-related disclosures and proxy advisory services as GOP targets ESG investing

Zenger

Financial Services Committee holds four hearings targeting ESG policies

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.

Ballotpedia

Sen. Dianne Feinstein insists she’ll finish her term, but what happens if that changes?

ANAHEIM, Calif. — Despite continued — and mounting — questions about her health, Sen. Dianne Feinstein‘s office recently said she plans to finish out her term in the U.S. Senate.

The Orange County Register

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Libel Suit Against Rep. Maxine Waters Can Go Forward

From Collins v. Waters, decided today by the California Court of Appeal, in an opinion by Justice John Wiley, joined by Justices Grimes and Viramontes: In 2020, challenger Joe E. Collins III and incumbent Maxine Waters competed for a seat in Congress. During the campaign, Waters accused Collins of a…

Reason

House GOP tries panel collaboration on crypto; Democrats leery - Roll Call

House Agriculture and Financial Services Republicans are collaborating in an effort to agree on a legislative framework for cryptocurrencies.

Roll Call

Circle turns to Customers Bank for USDC payment settlement

CEO and co-founder Jeremy Allaire on the future of the stablecoin giant.

Fortune

Texas man indicted for alleged threat to kill US Rep. Waters

A federal grand jury in Los Angeles has indicted a Houston man for allegedly calling the office of California U.S. Rep. Maxine Waters several times last year and leaving voice mails threatening to harm the Democratic congresswoman

The Independent UK

Stablecoin legislation punted again as Republicans and Democrats butt heads: ‘We’re starting from scratch’

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Fortune

Washington reacts on the fly to Silicon Valley Bank failure

After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even those exceeding the Federal Deposit Insurance Corporation's $250,000 limit

The Independent UK

Biden's test: Can he show competence to avert banking chaos

President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

The Independent UK

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Fortune

Congress must pass stablecoin legislation, top crypto group tells lawmakers

The letter comes ahead of a pivotal congressional hearing on Thursday.

Salon

109 Dems back GOP's anti-socialism stunt

"This resolution is ... about laying the groundwork to cut Social Security and Medicare," warned Rep. Mark Pocan

The Guardian - US

Republicans remove Ilhan Omar from House foreign affairs committee – as it happened

Democrats say congresswoman’s removal from key committee motivated by ‘spite’

The Independent UK

Megan Thee Stallion, misogynoir at center of shooting trial

Megan Thee Stallion is a three-time Grammy winner and hip-hop superstar, but her success wasn’t enough to shield the 27-year-old artist from misinformation and social media vitriol leveled against her after she was shot in 2020

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Fortune

‘Uniquely destined to fail’: New FTX CEO describes to Congress mess left behind by SBF

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

Zenger

FTX Co-Founder Sam Bankman-Fried To Testify In Front Of US House Financial Committee

Bankrupt cryptocurrency exchange FTX’s co-founder Sam Bankman-Fried announced on Friday that he will testify before Congress

Roll Call

US unseals fraud and conspiracy charges against Bankman-Fried - Roll Call

The U.S. brings criminal and civil charges Tuesday against former FTX CEO Sam Bankman-Fired, including one related to campaign finance law.

Fortune

Sam Bankman-Fried will testify before Congress

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

The Guardian - US

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’

Fortune

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

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