Lawmakers want answers from Silvergate on FTX transfers

Lawmakers are demanding data from Silvergate Capital company YES -4.70% about transfers of shopper funds between Sam Bankman-Fried’s collapsed buying and selling agency, Alameda Analysis, and your cryptocurrency changeFTX. in a letter to the financial institution on mondayRepublican Senators John Kennedy of Louisiana and Roger Marshall of Kansas, together with Democratic Senator Elizabeth Warren of … Read more

US could see market-shaking debt ceiling fight, Goldman Sachs warns

New York CNN Enterprise — Republicans and Democrats are prone to conflict subsequent yr over the debt ceiling, a combat that might roil monetary markets, unnerve shoppers and threaten the financial system with the specter of a dire default. The looming debt restrict battle in Washington might carry essentially the most uncertainty for the reason … Read more