The Securities and Exchange Commission was eyeing former Sen. Richard Burr over stock sales before a market plunge sparked by the Covid pandemic.
The Digital Commodities Consumer Protection Act would have protected customers from a failure like that of crypto giant FTX, lawmakers say.
The Securities and Exchange Commission has filed charges against FTX founder Sam Bankman-Fried. CNBC's 'Squawk Box' team report.
U.S. regulators say Wells Fargo has repeatedly misled and overcharged its customers. These allegations have rocked the 170-year-old bank, which still stands as one of the largest lenders in the U.S. The Federal Reserve continues to uphold an unprecedented cap on the bank's assets in response to the government's findings. These ongoing legal issues have weighed on the bank in recent years, sending numerous employees and executives out the door.