Barney Frank: “They just lost $2 billion? With their satellites they could not find $2 billion?”

It was because they were banking crypto, not because they were insolvent.

I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.

Protection and advocacy Agencies, which are Federally funded entities charged with enforcing the rights of persons with disabilities.

Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.