Sen. <a href="https://www.dailywire.com/topic/elizabeth-warren" target="_blank" rel="noopener">Elizabeth Warren</a> (D-MA) and Rep. <a href="https://www.dailywire.com/topic/maxine-waters" target="_blank" rel="noopener">Maxine Waters</a> (D-CA) asserted that the Federal Deposit Insurance Corporation should “reexamine” the $250,000 deposit insurance threshold on <a href="http://dailywire.com/topic/banks" target="_blank" rel="noopener">bank</a> accounts.
The vast majority of deposits at <a href="http://dailywire.com/topic/silicon-valley-bank" target="_blank" rel="noopener">Silicon Valley Bank</a>, which offered services to nearly half of the venture-backed technology and healthcare firms in the United States before its <a href="https://www.dailywire.com/news/parent-company-of-silicon-valley-bank-explores-bankruptcy" target="_blank" rel="noopener">collapse</a> last week, exceeded the $250,000 threshold insured by the FDIC. Regulators scrambled to guarantee all deposits at Silicon Valley Bank such that the remainder of the financial system, in which roughly half of deposits surpass $250,000, would remain safeguarded against bank runs.
Waters, a senior member of the House Financial Services Committee, said in an <a href="https://www.nytimes.com/2023/03/14/business/maxine-waters-fdic.html" target="_blank" rel="noopener">interview</a> with The New York Times that lawmakers should contemplate increasing the deposit insurance threshold. “When you have something like Silicon Valley Bank with over 90% of its depositors uninsured,” she remarked, “do we increase the amount of premiums that banks will pay in order to have a bigger insurance fund or do we just remain the way that we are and take it on a one-by-one basis for consideration?”
The current threshold of $250,000 is suitable for most individuals, yet businesses such as the ones served by Silicon Valley Bank often retain larger sums to conduct operations and pay employees. The FDIC now directs holdings maintained by Silicon Valley Bank, while the Treasury Department and Federal Reserve vowed that depositors both above and below the $250,000 limit will have their assets insured. Signature Bank was likewise closed by regulators on Sunday.
Waters said that any acquisition deal involving Silicon Valley Bank should avoid consolidation with major financial institutions. “I’m not interested in mergers so much,” she added. “I don’t want this country to become a country where we rely on just four or five big banks.”
Warren, a member of the Senate Banking Committee and the Senate Finance Committee, meanwhile remarked that lawmakers should “reexamine, just overall, about why we have limits” at the $250,000 threshold. “Some small business, some nonprofit, needs a place to manage its money,” she said in an interview with CNBC, according to a <a href="https://thehill.com/business/banking-financial-institutions/3901205-warren-says-250000-cap-in-deposit-insurance-for-banks-should-be-reexamined/#:~:text=Sen.%20Elizabeth%20Warren%20(D%2DMass.)%20on%20Wednesday,on%20CNBC's%20%E2%80%9CSquawk%20Street.%E2%80%9D" target="_blank" rel="noopener">report</a> from The Hill. “They need to be able to make payroll, they need to be able to pay the utility bills, and they need a safe place to have that money where somebody’s going to keep it safe.”
The lawmaker has <a href="https://www.warren.senate.gov/newsroom/press-releases/icymi-warren-delivers-speech-on-bank-failures-and-new-bill-to-reverse-trump-era-deregulation-of-banking-rules" target="_blank" rel="noopener">contended</a> that portions of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which was signed by former President Donald Trump to ease oversight for banks between $50 billion and $250 billion in assets, should be repealed. She submitted legislation alongside Rep. Katie Porter (D-CA) meant to implement “stronger oversight” which would “help protect our economy from heightened risk.”
“Last week the FDIC was forced to rush in to take over two failing banks, Silicon Valley Bank and Signature Bank, and then take extraordinary actions to protect those banks’ customers and prevent the contagion from spreading throughout the economy,” Warren said on the Senate floor. “If Congress and the Federal Reserve had not rolled back key provisions of Dodd-Frank, these banks would have been subject to stronger liquidity and capital requirements to help withstand financial shocks.”

Maxine Waters

Top Democrats Say FDIC Should ‘Reexamine’ $250,000 Deposit Insurance Threshold

Top Democrats Say FDIC Should ‘Reexamine’ Current FDIC Threshold

Banks

Congress

Elizabeth Warren

Politics

Silicon Valley Bank

Some believe that the cushiest job in the world is playing as a backup quarterback in the <a href="https://www.dailywire.com/topic/nfl" target="_blank" rel="noopener">NFL</a> but, as of late, perhaps the sweetest gig one can land is being the spouse of a Democratic member of Congress.
Per several reports on Tuesday, Congresswoman Cori Bush (D-MO) and retired Congressman Bobby Rush (D-IL) are just the latest lefties accused of shelling out big bucks to their spouses for no-show jobs on the campaign trail and beyond.
Over the weekend, Bush quietly married her security guard Cortney Merritts. The Missouri Democrat has often called to &#8220;Defund the Police&#8221; while claiming that she needs security because her life would be in danger without it. As for the well-being of the plebs who can&#8217;t afford private security, well, she hasn&#8217;t quite addressed those concerns.
The receipts show that Bush paid Merritts $60,000 for his &#8220;security services.&#8221; Fox News <a href="https://www.foxnews.com/politics/cori-bushs-campaign-paid-husband-security-services-doesnt-have-private-security-license" target="_blank" rel="noopener">reported</a> on Tuesday that Merritt isn&#8217;t actually licensed to practice any security in Bush&#8217;s district — as required by state law. Nonetheless, Bush&#8217;s campaign paid Merritt throughout 2022 via a series of $2,500 checks. At the same time, Bush&#8217;s campaign paid PEACE Security $225,281.80 for personal protection.
Adding to the intrigue, Bush&#8217;s office confirmed that the newlyweds have been an item since 2021 — which means Bush hired her boyfriend for supposed personal security despite him not having the authority to act in that capacity since 2012, Fox News claimed.
Also on Tuesday, The Washington Examiner reported that former Congressman Bobby Rush is accused of handing out potentially hundreds of thousands of dollars worth of campaign funds to not only his wife, but his son, mother, and even his church in Chicago where he serves as the pastor.
The Examiner&#8217;s Gabe Kaminsky noted that Rush’s campaign has paid his ex-convict son, Jeffrey Rush, roughly $45,000 since 2019. In 2022, his campaign paid $13,500 to his wife for &#8220;accounting services,&#8221; according to Kaminsky. Rush had announced his plans to retire in January 2023 and wasn&#8217;t up for re-election. Right before exiting office, he gave his wife another 900 smackeroos, per The Examiner.
Rush and Bush aren&#8217;t alone in their family jobs program.
<a class="c-link" href="https://onelink.to/dwapp" target="_blank" rel="noopener noreferrer" data-stringify-link="https://onelink.to/dwapp" data-sk="tooltip_parent" aria-describedby="sk-tooltip-19518">CLICK HERE TO GET THE DAILY WIRE APP</a>
Rep. Ilhan Omar (D-MN) gave the firm co-owned by her husband (not her brother) <a href="https://www.dailywire.com/news/ilhan-omar-cuts-ties-to-husbands-firm-after-funneling-millions-in-campaign-funds-to-it-report" target="_blank" rel="noopener">nearly three million dollars</a> during the 2020 election. She then cut ties immediately after she won.
In 2022, the team of Representative Maxine Waters (D-CA) <a href="https://freebeacon.com/democrats/report-dem-maxine-waters-funnels-tens-of-thousands-in-campaign-funds-to-daughters-business/" target="_blank" rel="noopener">paid</a> more than $200,000 to her daughter for campaign services such as creating mailers. Per The Washington Free Beacon, Waters&#8217; daughter has been given more than $1.2 million over the past few decades by Auntie Maxine — as she is known by her fans.
And then there&#8217;s Vice President Kamala Harris, who wasn&#8217;t a spouse but a girlfriend to San Fransisco Mayor Willie Brown. Many have claimed that &#8220;love connection&#8221; helped kickstart her career.
Here&#8217;s what he had to say about his ex-<a href="https://www.sfchronicle.com/politics/article/Sure-I-dated-Kamala-Harris-So-what-13562972.php" target="_blank" rel="noopener">inamorata</a> in 2019: &#8220;Yes, we dated. It was more than 20 years ago. Yes, I may have influenced her career by appointing her to two state commissions when I was Assembly speaker. And I certainly helped with her first race for district attorney in San Francisco.&#8221;
Brown went on to claim he also helped other Californian women advance in their careers, but that Harris was the only one to threaten to put him in jail for &#8220;so much as jaywalking.&#8221;
That being said, given the general insanity of leftists, maybe it&#8217;s a better choice to go for the backup QB gig for your next career if you are reading this column and seeing green. Learning an NFL playbook would be a lot less hassle than trying to make sure campaign expenditures comply with the law over family dinners.
The views expressed in this piece are the author’s own and do not necessarily represent those of The Daily Wire.

Bobby Rush, Cori Bush

It Pays To Be A Democrat’s Spouse: The Latest Members Of Congress Accused Of Shelling Out Big Bucks To Loved Ones

It Pays To Be A Democrat's Spouse: The Latest Members Of Congress Accused Of Shelling Out Big Bucks To Loved Ones

Cori Bush

Democrats

Money

Money In Politics

Former FTX CEO <a href="http://dailywire.com/topic/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a> agreed on Friday to testify before the House Financial Services Committee next week.
FTX filed for <a href="https://www.dailywire.com/news/30-year-old-billionaire-loses-entire-fortune-overnight-as-his-bahamas-based-cryptocurrency-empire-implodes" target="_blank" rel="noopener">bankruptcy</a> last month after users discovered that the cryptocurrency exchange was likely fraudulently intertwined with Alameda Research; both were controlled by Bankman-Fried and a close-knit group of amateur executives. The disgraced entrepreneur announced his intention to appear before lawmakers on December 13 during a social media <a href="https://twitter.com/SBF_FTX/status/1601186246990401537" target="_blank" rel="noopener">exchange</a> with House Financial Services Committee Chairwoman <a href="http://dailywire.com/topic/maxine-waters" target="_blank" rel="noopener">Maxine Waters</a> (D-CA).
“I still do not have access to much of my data — professional or personal. So there is a limit to what I will be able to say, and I won&#8217;t be as helpful as I&#8217;d like,” he remarked. “But as the committee still thinks it would be useful, I am willing to testify.”
Bankman-Fried expressed willingness to discuss solvency for customers with funds in FTX US, what he believes led to the liquidity crisis, and his “own failings.”
“I had thought of myself as a model CEO, who wouldn&#8217;t become lazy or disconnected,” he added. “Which made it that much more destructive when I did. I&#8217;m sorry. Hopefully people can learn from the difference between who I was and who I could have been.”
The now-broke entrepreneur was initially hesitant to appear before lawmakers, as he <a href="https://twitter.com/SBF_FTX/status/1599511560384225281" target="_blank" rel="noopener">claimed</a> that he first needed to finish “learning and reviewing what happened.” Waters had been <a href="https://www.dailywire.com/news/maxine-waters-blasted-for-gentle-tweet-politely-asking-possible-financial-criminal-sam-bankman-fried-to-testify" target="_blank" rel="noopener">criticized</a> for being extraordinarily polite in her invitation to Bankman-Fried; she told the would-be cryptocurrency wunderkind, who may have lost untold billions in customers’ funds, that lawmakers “appreciate that you’ve been candid in your discussions about what happened.”
Despite the rosy characterization of Bankman-Fried&#8217;s talent, current FTX CEO John Ray III, a lawyer who succeeded Bankman-Fried to manage the company’s bankruptcy proceedings, remarked in a <a href="https://www.dailywire.com/news/lawyer-overseeing-ftx-fallout-never-in-my-career-have-i-seen-such-a-complete-failure" target="_blank" rel="noopener">court filing</a> that the team overseeing the company was utterly inept. “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” he wrote.
Bankman-Fried, a prolific <a href="https://www.dailywire.com/news/here-are-the-democrats-and-republicans-who-received-campaign-cash-linked-to-bankrupt-crypto-empire-ftx" target="_blank" rel="noopener">campaign donor</a>, has denied accusations of criminality. New York Times financial columnist Andrew Ross Sorkin <a href="https://www.dailywire.com/news/sam-bankman-fried-denies-wrongdoing-in-ftx-implosion-during-live-streamed-new-york-times-interview" target="_blank" rel="noopener">told</a> the entrepreneur that he received multiple letters from FTX customers who accused Bankman-Fried of stealing their life savings, prompting him to say that he was “deeply sorry about what happened.” After Sorkin pressed him on the alleged intertwining of funds between his companies, Bankman-Fried claimed that a “failure of oversight” on his part resulted in confusion rather than any desire to defraud investors for his own profit.
The New York Times had previously run a <a href="https://www.dailywire.com/news/new-york-times-runs-puff-piece-about-disgraced-billionaire-sam-bankman-fried-leaves-out-connections-to-democrats" target="_blank" rel="noopener">puff piece</a> claiming that the potential fraudster’s “ambitions exceeded his grasp.” Other media outlets had <a href="https://www.dailywire.com/news/left-of-center-media-accepted-millions-from-democrat-donor-and-disgraced-crypto-wunderkind-sam-bankman-fried" target="_blank" rel="noopener">portrayed</a> Bankman-Fried as a generous “effective altruist” who donated his fortune to causes such as “pandemic prevention.”
Beyond the scheduled hearing for the House Financial Services Committee, members of the Senate Agriculture Committee <a href="https://www.dailywire.com/news/top-commodities-regulator-tells-senators-he-met-with-sam-bankman-fried-10-times" target="_blank" rel="noopener">held a hearing</a> last week with Commodity Futures Trading Commission Chairman Rostin Behnam on increasing federal oversight of the cryptocurrency sector. Officials at the Securities and Exchange Commission have opened a criminal investigation into Bankman-Fried to determine whether he broke the law by transferring FTX customer funds to Alameda Research, according to a <a href="https://www.dailywire.com/news/federal-prosecutors-open-criminal-investigation-into-disgraced-ftx-founder-sam-bankman-fried-report-says" target="_blank" rel="noopener">report</a> from The New York Times.

Key Speakers At Bitcoin 2021 Event

Sam Bankman-Fried Agrees To Testify Before Congress: ‘I Had Thought Of Myself As A Model CEO’

Sam Bankman-Fried Agrees To Testify Before Congress

Cryptocurrency

Sam Bankman-Fried

House Financial Services Committee Chairwoman Rep. <a href="https://www.dailywire.com/topic/maxine-waters" target="_blank" rel="noopener">Maxine Waters</a> (D-CA) is reportedly not planning to subpoena disgraced former FTX CEO <a href="https://www.dailywire.com/topic/sam-bankman-fried" target="_blank" rel="noopener">Sam Bankman-Fried</a> to testify in front of the committee next week about the company&#8217;s rapid collapse.
CNBC <a href="https://www.cnbc.com/2022/12/07/ftx-maxine-waters-doesnt-plan-to-subpoena-sam-bankman-fried-to-testify-at-hearing-on-crypto-exchanges-collapse.html" target="_blank" rel="noopener">reported</a>, citing sources, that Waters informed members of her decision Tuesday during a private meeting with Securities and Exchange Commission chair Gary Gensler.
Waters told members that she wants Bankman-Fried to testify &#8220;voluntarily&#8221; even though he has not agreed to do so, the report said.
&#8220;Your willingness to talk to the public will help the company&#8217;s customers, investors, and others,&#8221; Waters tweeted to Bankman-Fried earlier this month. &#8220;To that end, we would welcome your participation in our hearing on the 13th.&#8221;
<a class="c-link" tabindex="-1" href="https://get.dailywire.com/readers-pass/read-only-v2?utm_campaign=dwplus&amp;utm_medium=editorial&amp;utm_source=dwsite&amp;cid=dwplus&amp;mid=z&amp;xid=0" target="_blank" rel="noopener noreferrer" data-stringify-link="https://get.dailywire.com/readers-pass/read-only-v2?utm_campaign=dwplus&amp;utm_medium=editorial&amp;utm_source=dwsite&amp;cid=dwplus&amp;mid=z&amp;xid=0" data-sk="tooltip_parent" data-remove-tab-index="true" aria-describedby="sk-tooltip-54730">TIRED OF THE LEGACY MEDIA’S BIAS CONTROLLING THE NARRATIVE AND OBSCURING THE TRUTH? JOIN US.</a>
Bankman-Fried responded, &#8220;Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain.&#8221;
&#8220;I&#8217;m not sure that will happen by the 13th,&#8221; he added. &#8220;But when it does, I will testify.&#8221;
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Rep. Waters, and the House Committee on Financial Services:
Once I have finished learning and reviewing what happened, I would feel like it was my duty to appear before the committee and explain.
I&#39;m not sure that will happen by the 13th. But when it does, I will testify. <a href="https://t.co/c0P8yKlyQt">https://t.co/c0P8yKlyQt</a>
&mdash; SBF (@SBF_FTX) <a href="https://twitter.com/SBF_FTX/status/1599511560384225281?ref_src=twsrc%5Etfw">December 4, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
FTX, which is headquartered in the Bahamas, was <a href="https://www.dailywire.com/news/30-year-old-billionaire-loses-entire-fortune-overnight-as-his-bahamas-based-cryptocurrency-empire-implodes" target="_blank" rel="noopener">launched</a> in 2019 and had accrued more than one million users by 2022. Users suddenly demanded $6 billion in withdrawals after an article published by CoinDesk revealed last month that the two arms of Bankman-Fried’s cryptocurrency empire, FTX and Alameda Research, had significant overlap on their balance sheets in the form of the cryptocurrency FTT, which FTX invented. Rival firm Binance, which had been planning to purchase FTX, announced that it would discharge all holdings in the coin and eventually reversed course on the acquisition.
The disheveled 30-year-old went from boasting a $15.6 billion net worth to having “no material wealth” over the span of approximately two days. Federal and state officials are now investigating whether Bankman-Fried broke laws with his actions at the company.
Bankman-Fried was the second largest donor for Democrats this last election cycle, only behind megadonor George Soros, giving at least $38 million to leftist causes, PACs, and candidates, Fox News <a href="https://www.foxnews.com/politics/troubled-crypto-boss-sam-bankman-fried-lost-15b-week-funneled-millions-dems-far-left-causes" target="_blank" rel="noopener">reported</a>.
Politico <a href="https://www.politico.com/news/2022/11/10/crypto-megadonor-sam-bankman-fried-00066062" target="_blank" rel="noopener">reported</a> that Bankman-Fried was a top resource to whom Democrats went when lawmakers began looking at ways to regulate cryptocurrencies because of “his willingness to write multimillion dollar checks to boost Democrats.”
Bankman-Fried <a href="https://www.cnbc.com/2022/05/24/crypto-billionaire-says-he-could-spend-a-record-breaking-1-billion-in-2024-election.html" target="_blank" rel="noopener">said</a> earlier this year that he was preparing to spend between $100 million and $1 billion on the presidential election in 2024 to keep Democrats in the White House.

Maxine Waters Sam Bankman-Fried

Maxine Waters Not Planning On Subpoenaing Sam Bankman-Fried To Testify On FTX Collapse: Report

Economy

House Financial Services Committee Chairwoman <a href="http://dailywire.com/topic/maxine-waters" target="_blank" rel="noopener">Maxine Waters</a> (D-CA) raised eyebrows on Friday for politely asking former FTX CEO and possible fraudster Sam Bankman-Fried to participate in a hearing before lawmakers.
FTX recently filed for <a href="https://www.dailywire.com/news/30-year-old-billionaire-loses-entire-fortune-overnight-as-his-bahamas-based-cryptocurrency-empire-implodes" target="_blank" rel="noopener">bankruptcy</a> after users discovered that trading firm Alameda Research, a company run by former Bankman-Fried love interest Caroline Ellison, had allegedly been using funds from FTX to make bets. Though the disgraced entrepreneur may have lost untold billions in clients’ money, Waters <a href="https://twitter.com/RepMaxineWaters/status/1598693811252875264" target="_blank" rel="noopener">told</a> Bankman-Fried on social media that “we appreciate that you&#8217;ve been candid in your discussions about what happened” at FTX.
“Your willingness to talk to the public will help the company&#8217;s customers, investors, and others,” she added, noting that the House Financial Services Committee would “welcome your participation” in the hearing, which is currently scheduled for December 13.
Bankman-Fried, the son of two Stanford Law professors with <a href="https://www.dailywire.com/news/mother-of-disgraced-crypto-billionaire-sam-bankman-fried-is-a-democratic-fundraiser-who-once-wrote-essay-blasting-personal-responsibility" target="_blank" rel="noopener">deep-seated connections</a> to the Democratic Party, emerged as an overnight success three years ago. He contributed $39 million during the recent midterm elections, with the vast majority of funds benefiting Democratic candidates, according to <a href="https://www.opensecrets.org/outside-spending/top_donors/2022?disp=D&amp;type=V&amp;superonly=N" target="_blank" rel="noopener">data</a> from Open Secrets. During the most recent presidential election cycle, he was the second-largest donor to the Biden campaign.
Rep. Andy Biggs (R-AZ) cited the would-be wunderkind’s campaign contributions in a response to Waters. “So polite and accommodating,” he <a href="https://twitter.com/RepAndyBiggsAZ/status/1598736803233599488" target="_blank" rel="noopener">tweeted</a> along with a photo of Bankman-Fried and the lawmaker posing for cameras. “See how differently Democrats treat their donors?”
Newsmax anchor and podcast host Benny Johnson posted <a href="https://twitter.com/bennyjohnson/status/1593723486765289472" target="_blank" rel="noopener">footage</a> of Waters appearing to blow Bankman-Fried a kiss during a previous hearing. “She’s the one who’s supposed to grill SBF next month?” he asked.
Joe Concha, a columnist for The Hill, <a href="https://twitter.com/JoeConchaTV/status/1598723290725552130" target="_blank" rel="noopener">noted</a> that the “polite” nature of the message was absurd and akin to saying, “We appreciate that you&#8217;ve been candid in your discussions around destroying the lives of thousands of your investors while hiding out in your $40 million penthouse in the Bahamas that said investors paid for.”
Despite his considerable donations to left-wing candidates, Bankman-Fried also gave “about the same amount” in dark money to Republicans, he said during an <a href="https://www.dailywire.com/news/i-dont-even-know-how-to-code-mit-grad-and-now-broke-crypto-ceo-sam-bankman-fried-tells-niche-vlogger" target="_blank" rel="noopener">interview</a> with cryptocurrency vlogger Tiffany Fong. “The reason was not for regulatory reasons. It was because reporters freak the f*** out if you donate to Republicans,” he contended.
Members of the media have extended a <a href="https://www.dailywire.com/news/left-of-center-media-accepted-millions-from-democrat-donor-and-disgraced-crypto-wunderkind-sam-bankman-fried" target="_blank" rel="noopener">considerable</a> amount of grace to Bankman-Fried, who is presently still located in the Bahamas, where FTX is headquartered. New York Times financial columnist Andrew Ross Sorkin <a href="https://www.dailywire.com/news/sam-bankman-fried-denies-wrongdoing-in-ftx-implosion-during-live-streamed-new-york-times-interview" target="_blank" rel="noopener">interviewed</a> the 30-year-old at the outlet’s recent DealBook Summit despite widespread criticism for neglecting to cancel the conversation.
After Sorkin pressed him on the alleged intertwining of funds between his companies, Bankman-Fried claimed that a “failure of oversight” on his part resulted in confusion rather than any desire to defraud investors for his own profit. “I wasn’t running Alameda. I didn’t know exactly what was going on,” Bankman-Fried remarked. “I was nervous because of the conflict of interest of being too involved.”

Collage Maker-02-Dec-2022-03.44-PM

Maxine Waters Blasted For Gentle Tweet Politely Asking Possible Financial Criminal Sam Bankman-Fried To Testify

Maxine Waters Blasted For Polite Tweet To Sam Bankman-Fried

The House Financial Services Committee will host a hearing next month on Sam Bankman-Fried and his collapsed <a href="http://dailywire.com/topic/cryptocurrency" target="_blank" rel="noopener">cryptocurrency</a> companies, FTX and Alameda Research.
FTX filed for <a href="https://www.dailywire.com/news/30-year-old-billionaire-loses-entire-fortune-overnight-as-his-bahamas-based-cryptocurrency-empire-implodes" target="_blank" rel="noopener">bankruptcy</a> on Friday after users discovered that both firms, which are controlled by Bankman-Fried and his associates, were allegedly fraudulently intertwined, triggering a liquidity crisis as customers rushed to withdraw funds. A number of individual and institutional clients still have as much as $8 billion remaining in frozen accounts while Bankman-Fried <a href="https://www.dailywire.com/news/former-crypto-billionaire-sam-bankman-fried-whose-entire-fortune-just-went-to-zero-is-calling-around-for-new-investors" target="_blank" rel="noopener">asks investors</a> to help compensate users.
House Financial Services Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) announced that the bipartisan hearing will involve the testimonies of Bankman-Fried and those involved in related entities, including competitor Binance, which nearly purchased FTX. “Oversight is one of Congress’ most critical functions and we must get to the bottom of this for FTX’s customers and the American people,” McHenry said in a <a href="https://republicans-financialservices.house.gov/news/documentsingle.aspx?DocumentID=408471" target="_blank" rel="noopener">press release</a>. “It’s essential that we hold bad actors accountable so responsible players can harness technology to build a more inclusive financial system.”
Bankman-Fried <a href="https://www.dailywire.com/news/here-are-the-democrats-and-republicans-who-received-campaign-cash-linked-to-bankrupt-crypto-empire-ftx" target="_blank" rel="noopener">donated</a> nearly $39 million during the recent midterm elections, with nearly all of his contributions benefiting Democratic candidates or political action committees, according to <a href="https://www.opensecrets.org/outside-spending/top_donors/2022?disp=D&amp;type=V&amp;superonly=N" target="_blank" rel="noopener">data</a> from Open Secrets, which listed him as the nation’s sixth-largest individual midterm donor. FTX Co-CEO Ryan Salame, however, donated heavily to organizations supportive of Republicans, according to more <a href="https://www.opensecrets.org/outside-spending/donor_detail/2022?id=U0000004758&amp;type=I&amp;super_only=N&amp;name=Salame%2C+Ryan+D.+%26+Susan" target="_blank" rel="noopener">data</a> from Open Secrets.
“The fall of FTX has posed tremendous harm to over one million users, many of whom were everyday people who invested their hard-earned savings into the FTX cryptocurrency exchange, only to watch it all disappear within a matter of seconds,” Waters added. “Unfortunately, this event is just one out of many examples of cryptocurrency platforms that have collapsed just this past year… we need legislative action to ensure that digital assets entities cannot operate in the shadows outside of robust federal oversight and clear rules of the road.”
Beyond members of Congress, officials in the Biden administration have revealed a willingness to implement more regulations on cryptocurrencies. Treasury Secretary Janet Yellen remarked during a Tuesday <a href="https://www.cbsnews.com/news/ftx-collapse-janet-yellen-crypto-economy-inflation-diesel-shortage-ev-batteries-china/" target="_blank" rel="noopener">interview</a> with CBS News that the nascent sector requires “appropriate supervision and regulation,” noting that the administration has identified &#8220;regulatory holes that need to be filled for this to be a space where Americans can feel safe doing business.”
Indeed, an <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/" target="_blank" rel="noopener">executive order</a> from President Joe Biden earlier this year directed federal agencies to identify risks and benefits of cryptocurrencies, which are a form of <a href="https://www.dailywire.com/news/what-exactly-is-bitcoin-heres-how-the-worlds-largest-cryptocurrency-actually-works" target="_blank" rel="noopener">decentralized digital money</a> that users can transfer between their virtual wallets. The administration concluded that the assets “pose meaningful risk” in the form of highly volatile markets, as well as “outright fraud, scams, and theft.”
The Federal Reserve Bank of New York launched a <a href="https://www.dailywire.com/news/federal-reserve-launches-digital-dollar-initiative-days-after-leading-cryptocurrency-firm-goes-under" target="_blank" rel="noopener">simulated digital currency</a> initiative on Tuesday, four days after FTX filed for bankruptcy, in which major financial institutions such as Citi, Mastercard, and BNY Mellon will experiment with a financial market infrastructure that would facilitate “digital asset transactions that connect deposits held at regulated financial institutions using distributed ledger technology.” Federal Reserve Chair Jerome Powell and other policymakers have previously <a href="https://www.dailywire.com/news/watch-fed-chair-says-his-mind-is-open-on-a-digital-dollar" target="_blank" rel="noopener">expressed interest</a> in a digital dollar managed by the central bank, provided that the public offers enough support.

Key Speakers At IIF Annual Membership Meeting

Bipartisan Committee To Hear From Sam Bankman-Fried And Crypto Allies Next Month

House Committee Announces Hearing On FTX And Sam Bankman-Fried

Business

President Joe Biden said on Thursday that whatever hard-Left California Democratic Rep. Maxine Waters says, he agrees with.
Biden was speaking in Los Angeles when he made his remarks.
“Rep. Maxine Waters — whatever Maxine says, I agree with,” Biden intoned.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Biden: &quot;Whatever Maxine Waters says, I agree with&quot; <a href="https://t.co/QR0puVdUAl">pic.twitter.com/QR0puVdUAl</a>
&mdash; Greg Price (@greg_price11) <a href="https://twitter.com/greg_price11/status/1580626265609973760?ref_src=twsrc%5Etfw">October 13, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
In April 2021, Waters was slammed after she encouraged activists to “get more confrontational” on “the street” if Minnesota police officer Derek Chauvin was not convicted of murdering George Floyd.
“We’re looking for a guilty verdict. We’re looking for a guilty verdict. And we’re looking to see if all of this [inaudible] that took place and has been taking place after they saw what happened to George Floyd,” Waters <a href="https://www.dailywire.com/news/democrat-maxine-waters-on-if-derek-chauvin-is-acquitted-get-more-confrontational-on-the-street">said</a>. “If nothing does not happen, then we know that we’ve got to not only stay in the street, but we’ve got to fight for justice, but I am very hopeful and I hope that we’re going to get a verdict that will say guilty, guilty, guilty. And if we don’t, we cannot go away.”
Asked about the possibility that Chauvin might not get convicted, she answered that activists should “stay on the street,” adding, “And we’ve got to get more active. [We’ve] got to get more confrontational. We’ve got to make sure that they know we mean business.”
As far back as June 2018, Waters called for harassment against members of President Donald Trump&#8217;s administration “during a toy drive outside the Wilshire Federal Building on Saturday,” according to <a href="http://www.theamericanmirror.com/maxine-waters-orders-more-public-harassment-of-trump-aides-god-is-on-our-side/">The American Mirror</a>.
Waters yelled, “If you think we’re rallying now, you ain’t seen nothing yet. &#8230; Already, you have members of your Cabinet that are being booed out of restaurants &#8230; who have protesters taking up at their house, who say, ‘No peace, no sleep! No peace, no sleep!’”
“Let’s make sure we show up wherever we have to show up and if you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them, and you tell them they’re not welcome anymore, anywhere,” she kept yelling.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Maxine Waters calls for attacks on Trump administration: &quot;If you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them, and you tell them they’re not welcome anymore, anywhere.&quot; <a href="https://t.co/jMV7wk48wM">pic.twitter.com/jMV7wk48wM</a>
&mdash; Ryan Saavedra (@RealSaavedra) <a href="https://twitter.com/RealSaavedra/status/1010981944056664064?ref_src=twsrc%5Etfw">June 24, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Ryan Saavedra contributed to this article. 
Related: <a href="https://dailywire.com/news/watch-maxine-waters-calls-attacks-members-trump-ryan-saavedra/">WATCH: Maxine Waters Calls For Attacks On Members Of Trump Administration</a>

US-POLITICS-BIDEN

‘Whatever Maxine Says, I Agree With’: Biden Speaks Of Hard-Left Maxine Waters

'Whatever Maxine Says, I Agree With': Biden Speaks Of Hard-Left Maxine Waters

Joe Biden

Rep. Maxine Waters (D-CA) erupted outside the U.S. Supreme Court Friday afternoon following its decision to overturn the unconstitutional Roe v. Wade decision.
The 6-3 decision in Dobbs v.s. Jackson Women’s Health Organization on Friday followed the early May leak of a draft opinion indicating which way the justices would rule, The Daily Wire <a href="https://www.dailywire.com/news/united-states-supreme-court-overturns-roe-v-wade-leaves-abortion-restrictions-to-states">reported</a>. That leak prompted protesting across the nation, particularly in Washington, D.C. as well as dozens of attacks and vandalism of pro-life organizations, centers, and churches.
Justice Samuel Alito wrote that Roe and a subsequent case, Planned Parenthood v. Casey, which upheld Roe, both must be overturned, and the right to allow, deny, or restrict the right to an abortion must reside with states.
&#8220;You see this crowd out here, you ain&#8217;t seen nothing yet,&#8221; the 83-year-old congresswoman said outside of the nation&#8217;s highest court. &#8220;Women are going to control their bodies no matter how they try and stop us. The hell with the Supreme Court. We will defy them.&#8221;
&#8220;Women will be in control of their bodies. And if they think black women are intimidated or afraid, they got another [thing] coming. Black women will be out in droves,&#8221; she continued. &#8220;We will be out by the thousands. We will be out by the millions. We are going to make sure we fight for the right to control our own bodies.&#8221;
WATCH:
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Democrat Rep. Maxine Waters calls for pro-abortion extremists to &quot;fight&quot;: &quot;The hell with the Supreme Court! We will defy them!&quot;
&quot;You ain&#39;t seen nothin&#39; yet.&quot; <a href="https://t.co/T35haOT6Dr">pic.twitter.com/T35haOT6Dr</a>
&mdash; RNC Research (@RNCResearch) <a href="https://twitter.com/RNCResearch/status/1540385100478783488?ref_src=twsrc%5Etfw">June 24, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Rep. Alexandria Ocasio-Cortez (D-NY) led chants outside the Supreme Court, falsely claiming that the ruling from the nation’s highest court was “illegitimate” and encouraging activists to take to “the streets.”
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
BREAKING: Congresswoman <a href="https://twitter.com/AOC?ref_src=twsrc%5Etfw">@AOC</a> has arrived in front of the Supreme Court and is chanting that the Supreme Court’s decision to overturn Roe v Wade is “illegitimate” and calls for people to get “into the streets” | <a href="https://twitter.com/TPUSA?ref_src=twsrc%5Etfw">@TPUSA</a> <a href="https://t.co/jNkCYDrLtz">pic.twitter.com/jNkCYDrLtz</a>
&mdash; Drew Hernandez (@DrewHLive) <a href="https://twitter.com/DrewHLive/status/1540359953914937349?ref_src=twsrc%5Etfw">June 24, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
House Speaker Nancy Pelosi (D-CA) said during her press conference that there was “no point in saying ‘good morning,’ because it certainly is not one.”
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
NANCY PELOSI: &quot;No point in saying &#39;good morning,&#39; because it certainly is not one.&quot;<a href="https://twitter.com/hashtag/LifeWins?src=hash&amp;ref_src=twsrc%5Etfw">#LifeWins</a> <a href="https://t.co/ljlHEeNM0i">pic.twitter.com/ljlHEeNM0i</a>
&mdash; RNC Research (@RNCResearch) <a href="https://twitter.com/RNCResearch/status/1540349756299481089?ref_src=twsrc%5Etfw">June 24, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The U.S. Department of Homeland Security (DHS) <a href="https://www.dailywire.com/news/homeland-security-warns-of-potential-domestic-terror-attacks-for-weeks-due-to-roe-v-wade-ruling">warned</a> in an intelligence brief on Friday that domestic terrorists could launch attacks due to the ruling by the Court.
The announcement comes after a Left-wing extremist was <a href="https://www.dailywire.com/news/police-arrest-armed-man-near-brett-kavanaughs-home-who-allegedly-wanted-to-kill-the-justice-report">arrested</a> outside the home of Supreme Court Justice Brett Kavanaugh earlier this month for allegedly trying to assassinate him and after more than 20 pregnancy resource centers and offices of pro-life groups have been <a href="https://www.dailywire.com/news/fbi-investigating-attacks-on-pro-life-centers-organizations">attacked</a> or vandalized in recent weeks.
“Some domestic violent extremists (DVEs) will likely exploit the recent US Supreme Court decision to overturn Roe V. Wade to intensify violence against a wide range of targets,” DHS said. “We expect violence could occur for weeks following the release, particularly as DVEs may be mobilized to respond to changes in state laws and ballot measures on abortion stemming from the decision. We base this assessment on an observed increase in violent incidents across the United States following the unauthorized disclosure in May of a draft majority opinion on the case.”
RELATED: <a href="https://www.dailywire.com/news/far-left-rages-across-country-after-supreme-court-overturns-unconstitutional-roe-v-wade-ruling">Far-Left Rages Across Country After Supreme Court Overturns Unconstitutional Roe V. Wade Ruling</a>

The U.S. Supreme Court Overturns Roe V. Wade

Democrat Maxine Waters Rages Outside Supreme Court: ‘The Hell With’ Them, ‘We Will Defy Them’

Maxine Waters Rages Outside Supreme Court After Abortion Ruling

Abortion

Roe v. Wade's Long And Brutal Legacy

Supreme Court

California Democratic Rep. Maxine Waters revealed on Tuesday that she has tested positive for COVID-19 after attending the Summit of the Americas in Los Angeles.
The positive test marked the congresswoman&#8217;s second time testing positive for the coronavirus since April.
&#8220;Yesterday, after learning of a potential exposure at the Summit of the Americas in Los Angeles, I was notified that I tested positive for COVID. I am currently isolating and have no symptoms,&#8221; Waters, who also serves as the chair of the House Committee on Financial Services, shared in a <a href="https://twitter.com/CraigCaplan/status/1536769230338760705" target="_blank" rel="noopener">statement</a>.
&#8220;I am grateful to be fully vaccinated and to have received two booster shots. If you haven’t received the vaccine and/or booster, I encourage you to do so. I am feeling fine and resting at home,&#8221; she added.
<blockquote class="twitter-tweet">
Waters (D-CA): &#8220;I am grateful to be fully vaccinated and to have received two booster shots. If you haven’t received the vaccine and/or booster, I encourage you to do so. I am feeling fine and resting at home.&#8221;
— Craig Caplan (@CraigCaplan) <a href="https://twitter.com/CraigCaplan/status/1536769385200746507?ref_src=twsrc%5Etfw">June 14, 2022</a></blockquote>
Waters had recently <a href="https://www.youtube.com/watch?v=RDyIg2YK4-0">appeared</a> at a meeting during the Summit of the Americas with several Democrats in attendance. They included Sen. Tim Kaine (D-VA), Rep. Gregory Meeks (D-NY), Rep. Raul Ruiz (D-CA), Rep. Joyce Beatty (D-OH), Rep. Barbara Lee (D-CA), and House Speaker Nancy Pelosi (D-CA).
When Waters previously tested positive for COVID-19 on April 27, the congresswoman reportedly experienced no symptoms and was also fully vaccinated and had received two booster shots.
Following her previous positive diagnosis, Waters released a similar statement.
&#8220;Today, I have received a positive test result for COVID. I am currently isolating and have no symptoms. I am following all protocols as recommended by the Office of the Attending Physician and CDC guidance. I am grateful to be fully vaccinated and to have received two booster shots. Thankfully, I am feeling fine and recommend everyone to get vaccinated if you have not done so already,&#8221; she <a href="https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409352" target="_blank" rel="noopener">said</a>.
Waters also recently made headlines for requesting data on chattel slavery from top U.S. banks and insurance companies to hold the institutions accountable for any involvement.
“We are writing to inquire about what, if any, research and disclosure your bank has conducted with regard to its, or any of its predecessor institutions’, involvement in the financing of chattel slavery in the United States,” Waters and Texas Democratic Rep. Al Green <a href="https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409525" target="_blank" rel="noopener">wrote</a> last week to the nation’s top 10 U.S. banks, top five U.S. property and casualty insurance companies, and top five U.S. life insurance companies.
“In recent years, multiple financial institutions have been compelled to conduct such research and disclose information in compliance with certain state and local laws. Such compelled disclosures revealed clear historical connections to slavery, in the form of lending capital for the purchase of slaves, accepting enslaved people as collateral for loans, taking ownership of enslaved people in events of default on said loans, providing insurance policies to holders of enslaved persons, and executing payment on those policies in events of injury, fatality, and even liberation of those enslaved persons,&#8221; they added.

California Democratic Rep. Maxine Waters Tests Positive For COVID-19 For Second Time Since April

California

COVID

COVID-19 Vaccine

Democratic Party

Rep. Maxine Waters (D-CA) reportedly told a group of homeless people in Los Angeles to “go home.”
As the LA Times reported earlier this week, the powerful lawmaker lectured a crowd of homeless people in South Los Angeles attempting to get Section 8 vouchers. Employees of the Los Angeles Housing Services Authority, as well as supporters of Fathers and Mothers Who Care — a nonprofit advocacy group — were overwhelmed as people flooded their event.
According to the <a href="https://www.latimes.com/california/story/2022-03-30/l-a-s-homeless-crisis-pain-confusion-and-a-congressional-f-bomb-as-hundreds-seek-help">LA Times</a>, Waters drew ire when she suggested that the individuals return to their residences:
<blockquote>Waters told the gathering of mostly homeless people Friday that “you cannot get Section 8 vouchers here.” And later, “I want everybody to go home.” The response was fast and angry, a voice from the crowd yelling, “We don’t got no home, that’s why we’re here. What home we gonna go to?”
Waters, who wore a powder blue pantsuit and had a black face mask pulled down below her chin, laughed and said, “Nothing is going to happen here today.” Her remarks were captured in video of the event obtained by The Times.</blockquote>
Waters even dropped an expletive in reaction to the crowd’s qualms:
<blockquote>Less than half a minute later, the congresswoman responded to a question from the founder of Kingdom Warriors Foundation, a local housing advocacy nonprofit. Jabbing her finger into the air, Waters said, “Excuse me, there’s nobody in Washington who works for their people any f— harder than I do. I don’t want to hear this. No, no, no.”
Waters then answered a plea that she work with the community to address the housing crisis: “That’s what I do every day. The money that you got thus far came from me in Washington, D.C.” She walked away moments later after telling the crowd, “I will continue to work. I will get the information out to you.”</blockquote>
When contacted by the LA Times, Waters refused to answer specific questions and instead claimed that the story was “a bunch of rumors.” She then asked that the story not be published.
“You’ll hurt yourself and the community trying to put this together without background,” she told the outlet. “I don’t want you to start trying to write it, you won’t understand it.”
In recent years, Waters has provoked criticism for making calls to increase political unrest. During last year’s trial of Derek Chauvin — the police officer who killed George Floyd in the summer of 2020 — Waters <a href="https://www.dailywire.com/news/maxine-waters-responds-to-judge-who-slammed-her-for-calling-on-protesters-to-get-more-confrontational">said</a> that “protesters” were “looking for a guilty verdict,” and if they didn’t get what they wanted, then “we cannot go away.” When asked what “protesters” should do if they do not get the verdict that they want, Waters responded that activists have “got to stay on the street,” “get more active,” and “get more confrontational.”
In 2018, Waters <a href="https://www.cnn.com/2018/06/25/politics/maxine-waters-trump-officials/index.html">encouraged</a> her supporters to harass Trump administration officials as they went about their lives in the nation’s capital.
“Let’s make sure we show up wherever we have to show up. And if you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd,” she told those at a rally in Los Angeles. “And you push back on them. And you tell them they’re not welcome anymore, anywhere.”

Maxine Waters Yells At Homeless People To ‘Go Home’

Democrat Rep. Maxine Waters (CA) attacked members of her own party over the weekend, suggesting that they were racist because they do not support far-left measures that the party is pushing.
Waters made the remarks in reference to Sens. Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ), who oppose Democrats&#8217; efforts to eliminate the filibuster so that they can ram through their partisan agenda.
&#8220;They have sent the signal. They have been clear about it. They don&#8217;t care about minorities. They don&#8217;t care about blacks. They don&#8217;t care about people in their own districts who they&#8217;re going to deny their voting rights and undermine their voting rights,&#8221; Waters <a href="https://www.foxnews.com/media/maxine-waters-attacks-manchin-sinema-over-voting-bill-says-they-dont-care-about-black-people">said</a>. &#8220;I must always be optimistic. But this is a very difficult time for Democrats.&#8221;
&#8220;We have two Democrats, Manchin and Sinema, and they are holding up the Democratic agenda. They have decided that they are going to stick with support of the filibuster, and they don&#8217;t care whether or not they undermine the rights of minorities and blacks in this country,&#8221; she continued.
Waters suggested that Democrats were powerless to do anything because of Republicans, even though Democrats control the White House and Congress.
&#8220;It&#8217;s not what Democrats need to do. We&#8217;re doing everything that can be done,&#8221; she claimed. &#8220;It&#8217;s what Republicans need to do. Why is it we don&#8217;t have one Republican, not one that will stand up for the voting rights for people in this country? And so I hear a lot of talk about our president. He&#8217;s fighting as hard as he can. I don&#8217;t know why people think that he can make Manchin and make Sinema do what is right.&#8221;
Democrat Rep. Adriano Espaillat (NY) also <a href="https://www.newsweek.com/manchin-sinema-must-face-consequences-stalling-voting-rights-democratic-rep-says-1669799">slammed</a> Manchin and Sinema during an interview with a far-left radio host, saying that &#8220;there must be consequences&#8221; for the two Senators not falling in line with Democrat President Joe Biden&#8217;s agenda.
&#8220;It&#8217;s as simple as that. The president calls you and you&#8217;re going to derail one of his top initiatives, our vision? There&#8217;s got to be consequences for this,&#8221; he said. &#8220;And they&#8217;re very precise. They fit each state, and each leader in very precise ways. And so I&#8217;m sure once the consequences are laid out for them there may be an opportunity for a meeting of the minds.&#8221;
Manchin and Sinema have both repeatedly stated their opposition to getting rid of the filibuster.
&#8220;There&#8217;s no need for me to restate my long-standing support for the 60-vote threshold to pass legislation,&#8221; Sinema said. &#8220;There&#8217;s no need for me to restate its role protecting our country from wild reversals in federal policy.&#8221;
&#8220;We need some good rules changes to make the place work better,&#8221; Manchin added. &#8220;But getting rid of the filibuster doesn&#8217;t make it work better.&#8221;
Related:
<ul>
<li><a href="https://www.dailywire.com/news/girl-bye-msnbc-host-blames-kyrsten-sinema-for-upholding-white-supremacy">‘Girl, Bye’: MSNBC Host Blames Kyrsten Sinema For ‘Upholding White Supremacy’</a></li>
<li><a href="https://www.dailywire.com/news/they-are-bound-to-fail-cnns-manu-raju-says-there-is-no-path-for-bidens-voting-overhaul">‘They Are Bound To Fail’: CNN’s Manu Raju Says There Is ‘No Path’ For Biden’s Voting Overhaul</a></li>
</ul>

House Considers Extension To Debt Limit

Democrat Maxine Waters Attacks Members Of Her Own Party: ‘They Don’t Care About Blacks’

Filibuster

Joe Manchin

Kyrsten Sinema

On Tuesday night, Fox News&#8217; Tucker Carlson slammed Congresswoman Maxine Waters (D-CA) in response to a <a href="https://www.dailywire.com/news/exclusive-maxine-waters-goes-maskless-on-cross-country-united-flight-after-bumping-passenger-from-window-seat">story first reported by The Daily Wire</a>, which included an exclusive photo of the California Democrat flying maskless on a recent United Airlines flight — despite her apparent support for masking as well as the federal government&#8217;s mandate requiring all passengers to be masked while aboard commercial airplanes.
&#8220;So, if you&#8217;re a normal person flying commercial, you don&#8217;t go ten seconds without a mask before you&#8217;re scolded by a flight attendant. By the way, that&#8217;s as they bark advertisements for credit cards over the [public address] system. When did that start happening? You&#8217;re like a captive in some credit card ad, what?&#8221; the host of &#8220;Tucker Carlson Tonight&#8221; quipped.
&#8220;But none of this happens to you if you&#8217;re Maxine Waters, &#8217;cause you make the rules — you don&#8217;t obey them,&#8221; Carlson continued. &#8220;You can be a super-spreader all you want. Maxine Waters was just spotted maskless on a United flight from Dulles to [Los Angeles], where she lives in a rich, very pale neighborhood.&#8221;
&#8220;According to The Daily Wire — which got the picture — flight attendants only asked Waters to put on a mask after they were alerted by a tipster. So, she could go barefaced for a full hour and even took a maskless nap,&#8221; he added. &#8220;Boy, if there&#8217;s a definition of luxury in commercial air travel — a maskless nap is it. Can you imagine being allowed to breathe while you nap on a plane?&#8221;
&#8220;You&#8217;ll notice that Maxine Waters was not physically dragged off the plane, charged with a federal felony, permanently banned from flying. No, of course not. She&#8217;s Maxine Waters. She gets to do whatever she wants,&#8221; Carlson surmised. &#8220;Shut up, serf. You&#8217;re not Maxine Waters.&#8221;
The segment can be seen here:
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
Maxine Waters makes the rules. She doesn&#39;t obey them. <a href="https://t.co/gYC2th4vNo">pic.twitter.com/gYC2th4vNo</a>
&mdash; Tucker Carlson (@TuckerCarlson) <a href="https://twitter.com/TuckerCarlson/status/1473467619764318212?ref_src=twsrc%5Etfw">December 22, 2021</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Last Thursday, The Daily Wire <a href="https://www.dailywire.com/news/exclusive-maxine-waters-goes-maskless-on-cross-country-united-flight-after-bumping-passenger-from-window-seat">reported</a> that an anonymous source had provided the photo, claiming airline attendants hounded her for simply pulling her mask down to avoid a nosebleed, as had happened earlier on the flight.
But, The Daily Wire&#8217;s source said she did not receive the same treatment from United Airlines:
<blockquote>“My nose had bled pretty early into the flight, so I later on pulled my mask down below my nose to get some cooler air,” she explained. “Within a few minutes, a flight attendant informed me I had to put my mask back on over my nose, the right way, immediately.”
The source says she pointed in the direction of Waters, indicating that she wasn’t wearing a mask as a form of protest.
The flight attendant looked at Waters and said to the woman, “Okay, but you need to put your mask on the right way.”
“I put the mask on ‘the right way’ after the flight attendant told Maxine to put her mask on,” The Daily Wire’s source added. “Maxine had been napping. She did put the mask on after the attendant interrupted her sleep and told her to do so. I think she was startled by the rude awakening.”</blockquote>
<div class="css-issjf2">
<div></div>
</div>

Untitled design (33)

WATCH: Tucker Carlson Slams Maxine Waters Over The Daily Wire’s ‘Maskless Flight’ Story

The Daily Wire

Tucker Carlson

Menu