Lummis Presses Banking Regulators on FTX Bankruptcy
November 16, 2022
November 16, 2022
WASHINGTON, Nov. 16 -- Sen. Cynthia M. Lummis, R-Wyoming, issued the following news release on Nov. 15, 2022:
U.S. Senator Cynthia Lummis (R-WY) today highlighted the core factors that caused the recent FTX bankruptcy, the tenth largest bankruptcy in U.S. history, and highlighted how the Lummis-Gillibrand Responsible Financial Innovation Act would have prevented this insolvency during a Senate Banking Committee hearing.
"My home state of Wyoming saw this problem co . . .
U.S. Senator Cynthia Lummis (R-WY) today highlighted the core factors that caused the recent FTX bankruptcy, the tenth largest bankruptcy in U.S. history, and highlighted how the Lummis-Gillibrand Responsible Financial Innovation Act would have prevented this insolvency during a Senate Banking Committee hearing.
"My home state of Wyoming saw this problem co . . .