Democrats Turn Bank Regulator Oversight Hearing Into Trump Crypto Clash
Also, hedge fund founder Cliff Asness and Blackstone's top lawyer headline SEC private markets roundtable; ICI teams up with DCALTA to push alternatives in retirement plans
Lining up four bank regulators at a witness table isn’t the recipe for riveting testimony. Who wants to hear capital rules discussed ad nauseam? Certainly not Democrats on the Senate Banking Committee, who instead used today’s oversight hearing to hype an issue that’s a bit easier for voters to understand: the president’s crypto industry profiteering.
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