Senate Ag, Nutrition, & Forestry Committee Dems

@SenateAgDems ↗

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Last Checked April 3, 2023

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Thu Dec 01 15:06:00 +0000 2022

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Senate Ag, Nutrition, & Forestry Committee Dems @SenateAgDems

Stabenow: We called today’s hearing to do two things. First, to understand what went wrong at FTX. We won’t have all the answers today because the story is just beginning to unfold, but the Committee will hear from Chairman Behnam about what may have triggered the collapse. — PolitiTweet.org

Posted Dec. 1, 2022

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Senate Ag, Nutrition, & Forestry Committee Dems @SenateAgDems

Stabenow: The lack of clear, consistent rules has allowed crypto to flourish, despite harmful conflicts of interest, an absence of responsible governance and risk management, and a failure to safeguard customer assets. This is the very conduct the DCCPA was designed to prevent. — PolitiTweet.org

Posted Dec. 1, 2022

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Senate Ag, Nutrition, & Forestry Committee Dems @SenateAgDems

Stabenow: Second, we want to ensure that the DCCPA sufficiently addresses those risks. One thing is already apparent: the crypto industry lacks the customer protections that Americans expect and deserve when trading in U.S. markets. — PolitiTweet.org

Posted Dec. 1, 2022