Sunday, December 4, 2022
HomeAll Ch00 Ch00 NewsSam Bankman-Fried’s Brother Worked For Democrat Congressman On Financial Services Committee And...

Sam Bankman-Fried’s Brother Worked For Democrat Congressman On Financial Services Committee And ‘Investor Protection’ Subcommittee.

Listen To The Article Below

 

t

he brother of FTX CEO Sam Bankman-Fried is a former Legislative Correspondent for Democratic Congressman Sean Casten, who serves on the House Financial Services Committee and its subcommittees involved in “investor protection” and “consumer protection.”

Rep. Casten also participated in a congressional hearing featuring Sam Bankman-Fried, though he failed to ask the CEO of the now-bankrupt cryptocurrency exchange platform any questions.

The unearthed affiliation between the brother of the former FTX CEO and Rep. Casten follows Bankman-Fried donating nearly $40 million to Democrats during the 2022 midterm election cycle.

Congressional records reveal that Gabe Bankman-Fried worked in Rep. Casten’s office for a period of two years from January 2019 to February 2021. His LinkedIn profile confirms this employment.

Rep. Casten is a member of the House Financial Services Committee and serves on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, the Subcommittee on Consumer Protection and Financial Institutions, and the Taskforce on Artificial Intelligence.

The Illinois Congressman’s role gives him considerable influence over the House’s approach to cryptocurrency and fintech regulation, with many speculating that the lax regulations for the industry contributed to the fall of FTX.

 

READ THE REST @warroom
READ MORE @CH00 CH00 NEWS
RELATED ARTICLES

Chillin @ Choo's

LIVE: Eruption at Mauna Loa Volcano, Hawaii

War Room Live 7-9 am 2-4 pm PST

Seattle
clear sky
31.4 ° F
37.2 °
23.8 °
86 %
4.2mph
0 %
Sun
34 °
Mon
33 °
Tue
38 °
Wed
40 °
Thu
41 °

ALL CHOO CHOO NEWS

Donate to $Ch00Ch00News

Ch00 Ch00 News
13036 SE Kent Kangley Rd, Suite #237
Kent, WA 98030

https://cash.app/$Ch00Ch00News

DONATE