Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036.
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Tharman Shanmugaratnam has served as Singapore's finance minister and the head of the country's financial regulator during his time in government.
The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms.
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity".
Representative Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the 'Torres Doctrine'.
Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it.
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor.
The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021.
Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange's lawyers allege.
A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.”