Senator Durbin says politicians, regulators captive to process, contributors after FTX collapse
Illinois Senator Dick Durbin tells Commodity Futures Trading Commission Chairman Rostin Behnam at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform that his contributor Sam Blankman Fried and people just like him are going to be spending a lot of money to make sure there's as little regulation as possible, Benham responding that this narrative of small or weak agency couldn't be farther from the truth, there being a a separation of duty and a separation of responsibilities at his agency.
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May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Credit:
Editorial #:
1446234205
Collection:
FedNet
Date created:
December 01, 2022
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:54:15
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
sag120122u
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