Posted on 11/30/2022 2:20:30 PM PST by devane617
Edited on 11/30/2022 6:24:18 PM PST by Jim Robinson. [history]
Do you doubt it? How long have you watched “Republicans”?
I see the media has received their marching orders. Bankman-Fried was a closet republican! At first, they were writing articles basically excusing him for his corrupt actions, touting his “philanthropy”. I saw probably four or five articles in the WSJ after the story first came to light trying to excuse his actions.
Since that didn’t work, they have now gone with “Republican’s fault”. He was secretly donating to the GOP! Ignore his support of the democrats and their causes.
I suspect the new narrative will stick since they will sing that tune non-stop over the next few weeks.
WASHINGTON—Sam Bankman-Fried’s multimillion-dollar Washington charm offensive revolved around a small financial regulator and a group of senators with whom the purported crypto billionaire found common cause in a bid for light-touch regulation of digital assets.
For FTX, the crypto exchange Mr. Bankman-Fried founded, the goal was to steer oversight of crypto into the hands of what was perceived to be a friendlier regulator than the Securities and Exchange Commission, which has been promising a more stringent approach.
His effort dovetailed with desires of other regulators and legislators to hold sway over a new, fast-growing industry. The Commodity Futures Trading Commission, which has had periodic turf battles with the SEC, wanted to expand its regulatory purview, while the Senate committee that oversees it saw a rare chance to carve out an expanded role for itself.
Mr. Bankman-Fried’s ascent in Washington shows how, by doling out enough cash to politicians and interest groups, even a 30-year-old in cargo shorts can win a seat at the table for critical policy debates.
As momentum built for the bill, Mr. Bankman-Fried donated the individual maximum of $5,800 to Sens. Debbie Stabenow (D., Mich.) and John Boozman (R., Ark.), the chairwoman and ranking member of the Senate Agriculture Committee, which oversees the CFTC. FTX officials also donated $3 million to a political committee affiliated with Senate Majority Leader Chuck Schumer (D., N.Y.) and $6 million to a committee affiliated with House Speaker Nancy Pelosi (D., Calif.). Another FTX executive contributed $2.5 million to the Senate Leadership Fund, associated with Republican leader Sen. Mitch McConnell of Kentucky.
In the spring, FTX also hired a lobbyist, former Republican Senate staffer Eliora Katz, whom it paid $270,000 per quarter to push for the Stabenow-Boozman bill in Congress and regulatory agencies, according to official disclosures.
(Excerpt) Read more at wsj.com ...
Well Well so Sen. John Boozman is connected to FTX
3 days ago in the WSJ.
Sen. John Boozman on the FTX payroll and it’s a fact.
The Guarden far left rag the UK’s NY Times.
I voted for Jake Bequette in the primary. Boozman is worthless.
Last I heard, he gave 10s of millions more to democrats.
So far I haven't heard of any Republicans or Democrats giving the money back.
I did to
Republicans like Liz Cheney or actual Republicans?
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