House Financial Services Committee


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Bitcoin Outlook as Powell Softens Tone on Day 2 of Congressional Testimony

Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks. "I stress that no decision has been made on this," Powell added today, when talking about the pace of rate hikes. "The Hash" panel discusses Powell's speech and the implications for the crypto markets.

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Fed's Powell: No Decision yet on Size of March Rate Hike

U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.

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Política

Il presidente del comitato per le risorse digitali della Camera è pronto a collaborare con il comitato per l'agricoltura sul quadro Cripto

Il deputato statunitense French Hill è il presidente del neo-costituito sottocomitato per i servizi finanziari sulle attività digitali.

The United States Capitol (Getty Images)

Política

FTX Money ha sostenuto i legislatori statunitensi con il futuro delle Cripto nelle loro mani

Secondo i registri della Commissione elettorale federale, le campagne del 38% dei membri dei quattro comitati più importanti, compresi i leader chiave, hanno ricevuto finanziamenti dall'ex CEO Sam Bankman-Fried e da altri dirigenti.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)

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Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision

Rep. Patrick McHenry (R-N.C.), a top Republican on the House Financial Services Committee, wants the U.S. Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill. "The Hash" panel discusses the latest in the world of crypto regulation.

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Política

Il presidente entrante della Commissione per i servizi finanziari della Camera chiede alla segretaria Yellen di ritardare la disposizione sulla tassa Cripto

Il REP Patrick McHenry, che ha presieduto il comitato a gennaio, ha espresso le sue preoccupazioni in una lettera al Segretario del Tesoro Janet Yellen.

Rep. Patrick McHenry (Shutterstock/CoinDesk)

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U.S. Attorney for SDNY Announces Charges Against Sam Bankman-Fried

Damian Williams, the United States Attorney for the Southern District of New York, announced that former FTX CEO Sam Bankman-Fried was charged in an 8 count indictment that includes allegations of fraud, money laundering, and campaign finance offenses. Plus, in testimony before the U.S. House Financial Services Committee, new FTX CEO John J. Ray III said FTX embezzled customer funds.

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FTX's New CEO: 'This Is Really Old-Fashioned Embezzlement'

John J. Ray III, FTX's replacement CEO said in testimony before the U.S. House Financial Services Committee, "This is really old-fashioned embezzlement ... This is just taking money from customers and using it for your own purpose." Freshfields Bruckhaus Deringer Partner Timothy Howard breaks down the latest legal developments, citing his experience working at the United States Attorney’s Office for the Southern District of New York.

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Sam Bankman-Fried's Leaked Testimony Shows What the Former CEO Planned on Telling Lawmakers: Report

In Sam Bankman-Fried's prepared testimony he planned to deliver to the U.S. House Financial Services Committee Tuesday morning, he said "I would like to start by formally stating, under oath: I f---ed up," according to multiple published reports. "The Hash" panel discusses what to make of Bankman-Fried's remarks.

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