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Bankman-Fried supported a bill introduced by Senate Agriculture Chairwoman Debbie Stabenow, D-Mich., and co-sponsored by ranking member John Boozman, R-Ark., that would allow the CFTC oversight of
Patrick T. McHenry, R-N.C., to get legislation to the president’s desk.
Cynthia Lummis, R-Wyo., and co-sponsored by Sen. Kirsten Gillibrand, D-N.Y., and another introduced by House Agriculture ranking member Rep. Glenn “GT” Thompson, R-Pa., and backed by Reps.
Cynthia Lummis, R-Wyo., called the FTX collapse the “clearest example yet of why we need clear rules of the road for digital asset exchanges in the United States.”
Toomey, R-Pa., for example, has chastised regulators for not providing more clarity.
In the House, Financial Services Chairwoman Maxine Waters, D-Calif., and ranking member Patrick T.
Majority Leader George Mitchell, D-Maine, and Minority Leader Bob Dole, R-Kan., didn’t want any surprises, and the group vowed to preserve the fragile pact, even if it meant voting down amendments they