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Top related persons:
Sam Bankman - 2 Fried - 2 Martin Gruenberg - 2 Mark Wetjen - 2 Wetjen - 2 FTX - 2 Powell - 2 Lael Brainard - 2
Top related locs:
Alameda Washington
Top related orgs:
Federal Reserve - 2 Commodity Futures Trading Commission - 2 Fed - 2 National Economic Council - 2 Federal Deposit Insurance Corporation - 2 Wall Street - 1 Service - 1 The New York Times - 1

Search resuls for: "Wetjen"


5 mentions found


☆ Sam Bankman-Fried talked crypto with Jerome Powell the same month that the Fed chair met with JPMorgan and Goldman Sachs CEOs
  + stars: | 2023-09-28 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
Sam Bankman-Fried met with Jerome Powell last year to discuss crypto, per the NYT. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementJerome Powell, the chair of the Federal Reserve, once met with Sam Bankman-Fried to discuss crypto, The New York Times reported. Prior to the meeting, Wetjen sent the Fed chair some policy papers that FTX had recently published, according to the NYT. The FDIC and a spokesperson for Bankman-Fried did not immediately respond to Insider's request for comment, sent outside US working hours.
Persons: Sam Bankman, Fried, Jerome Powell, SBF, Martin Gruenberg, —, Mark Wetjen, Wetjen, FTX, Powell, stablecoins, cryptocurrencies, Goldman Sachs, David Solomon, Jamie Dimon, Morgan Stanley, James Gorman, Lael Brainard Organizations: Wall Street, Service, Federal Reserve, The New York Times, Commodity Futures Trading Commission, JPMorgan Chase, Times, Fed, National Economic Council, Federal Deposit Insurance Corporation, FDIC, Customers Locations: Alameda
☆ Crypto’s Wild D.C. Ride: From FTX at the Fed to a Scramble for Access
  + stars: | 2023-09-27 | by ( Jeanna Smialek | David Yaffe-Bellany | More About Jeanna Smialek | ) www.nytimes.com   time to read: +1 min
Mr. Powell’s public calendar shows that he and Mr. Bankman-Fried met as planned. And Mr. Wetjen went on to send the Fed chair two policy papers that FTX had recently published, according to emails obtained through a public records request. “Hope you’re finding these useful!” Mr. Wetjen wrote. According to newly released records, Mr. Wetjen managed to gain access to a range of federal officials. And public calendars show that Mr. Bankman-Fried went on to meet with another top financial regulator, Martin Gruenberg, head of the Federal Deposit Insurance Corporation.
Persons: Jerome H, Powell, Sam Bankman, ” Mr, Mark Wetjen, Fried, Wetjen, FTX, Hope, Mr, Lael Brainard, Martin Gruenberg Organizations: Federal Reserve, Commodity Futures Trading Commission, Fed, White, National Economic Council, Federal Deposit Insurance Corporation Locations: Washington
☆ These top deputies of Sam Bankman-Fried were former regulators who tried to expand FTX's reach in Washington, report says
  + stars: | 2022-12-27 | by ( Brian Evans | ) www.businessinsider.com   time to read: +3 min
Some of Sam Bankman-Fried's top advisers were former officials at the CFTC and SEC, according to the LA Times. And in August 2021, Wetjen requested a meeting with CFTC Chairman Rostin Behnam and his chief of staff. "Reaching out to seek some time to discuss with you a LedgerX matter of considerable urgency," Wetjen wrote to Behnam. Behnam was forthright about his meeting with Bankman-Fried when asked on December 1 by the Senate Agriculture Committee, and said the meeting was related to FTX's clearinghouse application. Bankman-Fried."
☆ Inside FTX CEO Sam Bankman-Fried's Political Influence Machine
  + stars: | 2022-12-04 | by ( Rob Price | Dakin Campbell | Jack Newsham | ) www.businessinsider.com   time to read: +27 min
The answer is simple, according to more than a dozen Washington insiders, FTX employees, and crypto industry observers who spoke with Insider. I don't think anyone believed that he was going to fund candidates who were, quote unquote, committed to ending pandemics who were also hostile to the crypto industry." Alex Wong/Getty ImagesRebuffed by the SEC, Bankman-Fried turned his attention to Congress. "It's not that he was welcoming regulation," says the senior figure in the crypto industry who attended meetings with Bankman-Fried. But while Bankman-Fried was busy wooing Washington, FTX was about to become Exhibit A in the case for more effective oversight of the crypto industry.
☆ Former FTX CEO Sam Bankman-Fried and allies lose influence in Washington as company collapses
  + stars: | 2022-11-14 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +6 min
Former FTX CEO Sam Bankman-Fried and his allies are losing advocates in Washington, as the company hits rock bottom. 2 Senate Democrat told CNBC on Monday that the contribution "will be donated to an appropriate charity." It was announced in February that FTX and FTX US were joining the group's board of directors. A spokesman for the crypto trade group told CNBC that "on Thursday, ADAM removed FTX.com and FTX.US from its membership." The lobbying group is led by the former Secretary of Homeland Security Tom Ridge.
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