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The Latest Breaking News from Better Markets

Bitcoin ETF expected for Wednesday—but some fret about being 'rugged' by SEC

A last minute letter from a well-connected anti-crypto group has set off some hand-wringing among those waiting for a Bitcoin ETF.

Fortune

Michael Hiltzik: How Trump's frenzy of deregulation killed Silicon Valley Bank

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

Los Angeles Times

Experts, banks look for ideas to stop next bank failure

The warning signs were all there

The Independent UK

From analysis to the latest developments in health,
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Michael Hiltzik: Wells Fargo got slammed with a $3.7-billion penalty. So why doesn't it sound sorry?

The Consumer Financial Protection Bureau left very little unsaid when it announced, a few days before Christmas, $3.7 billion in assessments against Wells Fargo Bank for more than a decade of legal violations harming its millions of customers.

Los Angeles Times

The writing was on the wall for the FTX and crypto collapse, a top DC financial reform advocate says

The writing was on the wall for the FTX and crypto sector crash.

Fortune

Crypto sector lobbying expenditures up a third in second quarter

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

Tribune News Service

Crypto sector lobbying expenditures up a third in second quarter - Roll Call

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

Roll Call

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