Maxine Waters Holds Secretive Meeting with SEC Chief and Decides Not to Subpoena Sam Bankman-Fried...A Billion Dollars in Money Laundering Donations Tends to Keep Dems Mouths Shut...

by Kyle Becker at Trending Politics

Maxine Waters has conveniently declined to subpoena fallen crypto king Sam Bankman-Fried before Congress.

“House Financial Services Committee Chairwoman Maxine Waters told Democrats she doesn’t plan to subpoena former FTX CEO Sam Bankman-Fried to testify at Tuesday’s hearing about the crypto exchange’s rapid demise, according to people with direct knowledge of the conversation,” NBC reported on Wednesday.

“Waters informed committee members of her decision at a private meeting Tuesday with Securities and Exchange Commission chair Gary Gensler on Capitol Hill, these people said, declining to be named in order to speak freely about private conversations,” the report added.

“Those at the meeting say Waters said she wants committee staff try to convince Bankman-Fried to voluntarily testify, those with knowledge of the meeting said. As of late Wednesday, Bankman-Fried has yet to agree to voluntarily testify to the House committee, two of the people explained.”

The current SEC Chief Gensler was a professor at MIT where he offered a course on Blockchain and Money which stresses the use of blockchain technology. During his MIT career, Gensler was in close connection with Glenn Ellison and Alameda Research CEO Caroline Ellison is the daughter of Glenn Ellison.

A bizarre Twitter exchange had taken place…