News about Maxine Waters

The fraudster's political aspirations were hoping that his crypto swindle would make him 'highly influential,' but his FTX aspirations came to a halt with the demise of his FTX empire

www.dailymail.co.uk, March 28, 2024
Sam Bankman-Fried was politically savvy, leveraging donations to 'gain clout' for both groups and planning a career in which he believed he had a 'five percent chance of being president.' All of it came down in December 2022 after his multi-billion dollar crypto exchange collapsed, and he was arrested in the Bahamas and charged with campaign finance theft and fraud. In addition, he paid out $27 million to Protect Our Future PAC, a group supporting pandemic readiness, and $6 million to the Future Forward PAC in 2020, which funded Biden's presidential bid in 2020.

Rep. Tim Burchett of the Republican Party says he will consider voting out Speaker McCarthy if he wants to prevent a government shutdown if he can't

www.dailymail.co.uk, September 24, 2023
Rep. Tim Burchett (R-Tenn.) said he's open to voting to depose Speaker Kevin McCarthy if he can't reach an agreement in time to avoid a government shutdown. But if you're looking for a unique solution, Democratic Rep. Maxine Waters (Calif.) says it is inevitable at this point, since Republicans refuse to unite behind a single agreement, and the MAGA arm of the Party maintains that Speaker McCarthy will be pushed out. If the spending bill for the last fiscal year comes out on September 30, a government shutdown could be just days away.

As she leads the West Hollywood Pride parade, Christine Quinn shows toned legs in silver gown

www.dailymail.co.uk, June 5, 2023
Christine Quinn was seen riding a float in the West Hollywood Gay Pride parade, which took place on Sunday. As she marked the start of Pride Month, the 34-year-old reality television actress seemed to be spending the majority of her time at the festival. Several other celebrities from the entertainment industry joined the former Selling Sunset cast member, who recently announced that she would not be watching the show's new season.

MEGHAN MCCAIN: I'm scared to death this Trump Witch Hunt will end with America burning at the stake

www.dailymail.co.uk, March 31, 2023
MCCAIN: My mind was racing this morning. What does this mean for our country? Millions of Americans are asking themselves if this is true, according to me. This clearly biased trial throws over an already packed table in a world so volatile, so divided, and facing so many unknowns. Over virtually every tense issue facing the nation today, the threat of political violence hangs over almost every single point of contention. What impact will this have on Trump's diehard supporters?What will they think of an American legal system that's become a mockery? Imagine a Republican nominee running for president from behind bars, under house arrest, or wearing an ankle bracelet. There is already a widespread and growing national fear of our government and politicians. However, rather than calling pause and speaking out on behalf of sanity, Democrats and the more sane, gutless liberal media are happily rolling around in this barnyard slop.

Top Democrats are back in campaign mode for the Silicon Valley Bank Pact, with more than half

www.dailymail.co.uk, March 15, 2023
Senator Chuck Schumer and former CEO Greg Becker have pledged to donating campaign funds for the cause, placing pressure on other politicians to do the same. Over the years, Becker and the SVB PAC have raised money for a number of candidates, most Democrat, including President Joe Biden in his 2020 campaign for president and Silicon Valley-based Rep. Ro Khanna. The bank's political action committee has a larger number of contributors, including $5,000 to California senator Kevin McCarthy in the 2018 election cycle and $2,986 in the 2014 election.

Federal Reserve announces that ALL depositors at Silicon Valley Bank will be protected

www.dailymail.co.uk, March 12, 2023
All deposits at Silicon Valley Bank will be covered, according to the Federal Reserve on Sunday evening, even those in excess of the $250,000 guarantee. Signature Bank, New York's second bank, had closed. 'After receiving a letter from the FDIC and the Federal Reserve and advising with the President, Secretary Yellen approved steps enabling the FDIC to complete its settlement of Silicon Valley Bank in a way that fully shields all depositors,' the statement said. Beginning Monday, March 13, depositors will have access to all of their funds.' The taxpayer will assume no expenses connected with the closure of Silicon Valley Bank.' On Sunday, the Federal Deposit Insurance Cooperation Cooperation (FDIC) held an auction of Silicon Valley Bank's assets in the hopes of securing the institution before the market opened on Monday. No one was found, according to CNN.

After paying daughter $192K, Maxine Waters became embroiled in a new nepotism storm

www.dailymail.co.uk, February 2, 2023
Karen $192,300 from her campaign fund over the last two years to manage her'slate mailer' operation, a move that has repeatedly sparked her outrage.

After paying daughter $192,000., California Democrat Maxine Waters was caught in a recent nepotism storm

www.dailymail.co.uk, February 1, 2023
Karen (right), a US congresswoman, paid her daughter, Karen (right), $192,300 from her campaign fund over the past two years to run her'slate mailer's business. Waters, a well-known California Democrat, accepts fees to appear on the mailers, but it is unusual for legislators on the federal level. Water was approved to operate in 2004, with Karen's earning more than $1.2 million since then as critics continue to point out the apparent nepotism outlined in Federal Election Commission filings (inset).

Dem. In the aftermath of Tyre Nichols' murder, Maxine Waters calls Kyrsten Sinema "that woman from Arizona."

www.dailymail.co.uk, January 30, 2023
Representative Maxine Waters dismissed Senator Kyrsten Sinema as "the lady from Arizona" after she learned of Tyre Nichols' suicide on Sunday. As the controversy was revisited following Nichols' brutal beating, Firebrand Waters slammed Sinema, moderate and often swing-vote senator Joe Manchin' for not 'giv(ing) a darn' about police reform legislation. Reminiscing about her political career, which stems back to Rodney King's thrashes in the late 1990s: 'We keep fighting, we keep begging, we keep doing everything we can,' she said, adding that the campaigns are dooming because she doesn't have enough people who care enough about this topic.'

Sam Bankman-Fried's full planned testimony ahead of his arrest was obtained

www.dailymail.co.uk, December 13, 2022
Sam Bankman-Fried, the disgraced founder of the FTX, has leaked, revealing the rambling, grief-laden opening message he planned to give in a Congressional hearing on Tuesday if he hadn't been arrested. Bankman-Fried blames his company partners for his downfall, casts aspersions on the team's leadership FTX, and lamented his personal fortune's diminishing to just $100,000 in the 18 pages of remarks. Following his detention in the Bahamas on Monday, bankman-Fried was unable to testify before the House Financial Services Committee hearing, where he awaits extradition to the United States to face allegations of financial crimes and campaign finance fraud.

In Congress, the new FTX CEO tears into Sam Bankman-Fried, just hours after his detention

www.dailymail.co.uk, December 13, 2022
After the company's founder stepped down in the aftermath of its implosion, John J Ray III was appointed to lead the company through bankruptcy. Ray was guiding Enron during one of the largest corporate demises in history. He attributed the FTX's demise on companies to a "strong concentration of power in the hands of a very small group of grossly inexperienced and unsophisticated individuals." Ray told lawmakers that out of the dozen or so bankruptcies he has negotiated, the FTX stands out as "highly unusual."

Politicians demand to know why Sam Bankman-Fried was arrested the day before Congress hearing

www.dailymail.co.uk, December 13, 2022
After charges were laid against him for the devastation of his crypto empire, Sam Bankman-Fried will not face a grilling by Congress, causing widespread anger among lawmakers. Because of the indictment of Bankman-Fried, 30, he has been barred from appearing before the House Financial Services Committee on Tuesday morning. Politicians from both parties hoped to grill the FTX founder on how he defended the FTX's demise at a cost of billions of dollars to investors in America and around the world. Some Republican commentators have questioned whether Bankman-Fried's arrest, made at the request of lawyers from the US Attorney's office in New York's Southern District, was politically motivated due to his massive donations to Democrats. President Joe Biden's election fund has personally donated tens of millions of dollars to Democrat campaigns, as well as President Joe Biden's election fund. Representative Lee Zeldin, a Republican congressman from New York who serves on the committee, said: "Tomorrow, Sam Bankman-Fried was supposed to testify in front of the House Financial Services Committee," says Rep. Lee Zeldin. To Sunday, @HouseGOP was able to grill him six ways. 'Now breaking tonight, SBF was just arrested!Why not allow him to 1st testify tomorrow and answer our many questions?' Maxine Waters, a Democrat, expressed surprise and 'disappointed' to learn of Bankman-Fried's detention at the behest of prosecutors in New York.

Sam Bankman-Fried has been arrested in the Bahamas

www.dailymail.co.uk, December 12, 2022
Sam Bankman-Fried, the disgraced former CEO of FTX, has been arrested. The crypto billionaire, 30, was arrested in the Bahamas – where he has been hiding out since his empire came crashing last month – and he is now facing federal charges in the United States. The FTX founder's lawyer, John Kerry, has pleaded guilty and is likely to request his extradition.' 'The Bahamas and the United States have a common interest in holding accountable all persons associated with the FTX who have violated the public trust and breached the rules,' Bahamian Prime Minister Philip Davis said in a tweet.' Although the US is pursuing criminal charges against SBF individually, the Bahamas will continue its own administrative and criminal investigations into the FTX's demise, as well as continued cooperation among its legislative and criminal partners in the United States and elsewhere.'

Sam Bankman-Fried, the founder of the FTX, has confirmed he would testify remotely to Congress because he is 'booked up.'

www.dailymail.co.uk, December 12, 2022
Sam Bankman-Fried, the disgraced former FTX chief executive, said Monday that he would not appear in person before Congress on Tuesday because he is 'quite overbooked,' and instead answer questions via zoom from his luxury home in the Bahamas. Members of the House Financial Services Committee will question him on the demise of the digital currency exchange, which was then worth tens of billions of dollars. Last week, the 30-year-old billionaire said he would testify, but in a Twitter chat, he was worried about paparazzi's attentions even before he travelled to Washington, D.C.

Sam Bankman-Fried, the former CEO of FTX, has confirmed he would testify in Congress

www.dailymail.co.uk, December 9, 2022
Sam Bankman-Fried confirmed on Friday that he is willing to testify before Congress next week about the company's demise last month, although he said he would be limited in what he could say and that he would not be as helpful' as he would like because he no longer has access to his information. The announcement came in reaction to House Financial Services Committee Chair Maxine Waters' tweet this week that it was "clear to us that the evidence you have so far is sufficient for testimony," based on a number of interviews he has given in recent weeks as he explains what caused the cryptocurrency platform to lose billions of dollars.

If FTX's Sam Bankman-Fried manipulated the market for two cryptocurrencies, investigators look into it

www.dailymail.co.uk, December 8, 2022
Prosecutors are looking at whether the scandal-plagued 'Crypto King' kept the prices of two interlinked currencies in May, TerraUsd and Luna to benefit the entities he ruled, including FTX and Alameda Research. Since he filed for bankruptcy last month after at least $1 billion of customer funds vanished, the disgraced wunderkind is facing a slew of other probes. The new inquiry is in its early stages, and it is unclear if the investigators have found any wrongdoing by Bankman-Fried, or when they began looking at the Terra USD and Luna trades.

Sam Bankman-Fried is not under current pressure to subpoena Maxine Waters

www.dailymail.co.uk, December 8, 2022
Maxine Waters (right) informed members that she did not want to convince Sam Bankman-Fried (left) to testify about his crypto empire's tragic and swift demise in a private meeting with Securities and Exchange Commission Chair Gary Gensler on Tuesday that she had informed them of her decision not to press Him to testify about his crypto empire's catastrophic and swift failure. Waters is expected to convince the 30-year-old to testify voluntarily at a hearing regarding FTX's demises next Tuesday, according to the reports. Waters has denied charges that she was trying to prevent a subpoena and said she would issue one if necessary. Waters said in a tweet that 'Is circulating @CNBC that I am not able to subpoena @SBF_FTX.' He has been asked to appear at the December 13th hearing.' A subpoena is definitely on the agenda. Stay tuned for more information.'

Sam Bankman-Fried says he WILL testify before Congress but there's one BIG hurdle as Dem praises SBF

www.dailymail.co.uk, December 5, 2022
On Sunday, Sam Bankman-Fried (left and right) announced that he would testify before the House Financial Services Committee, but that he would not be able to do so until December 13. Rep. Maxine Waters (inset), the House Financial Services Committee's Democratic chairwoman, applauded the 30-year-old's willingness to engage with the public, delivered the failed crypto exchange CEO in a tweet on Friday afternoon. SBF has made a series of media appearances this week in which he has attempted to clarify the sudden and devastating demise of the crypto exchange FTX. The former FTX chief has also attempted to deflect personal responsibility for the billions of dollars in customer accounts that may have been lost permanently as a result of his company's implosion.