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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.
Maggie Hassan, D-N.H., and Todd Young, R-Ind., led a bipartisan letter Friday saying that unless Congress quickly restores full and immediate R&D expensing, American jobs and investment are at risk.