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Dec 13, 2022
12/22
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huizenga, is recognized for five minutes mr. huizenga: thank you, madam chair. mr. ray, i'm going to get my colleague to shift a little bit, or get up, thank you. one quick question. have you been sharing your findings with the s.e.c. at all? as you have been going through this? mr. ray: yes. mr. huizenga: how about southern district of new york? mr. ray: yes. mr. huizenga: i'll get to a couple of practical questions because i think these were the things i was going to ask you. and also ask mr. bankman-fried. in your declaration you said the quote, f.t.x..com platform was not available to u.s. users, close quote, earlier this month cftc chairman suggested in testimony before the senate agriculture committee that 2% of funds housed at ftx.com were from u.s. individuals. confirm whether there were u.s. individuals or persons, customers of ftx.com? mr. ray: yes. we found there is a small number of u.s. customers that had engaged -- mr. huizenga: is 2% small? less or more. mr. ray: we don't have those numbers on an investor bay sis we have it on a customer basis. less t
huizenga, is recognized for five minutes mr. huizenga: thank you, madam chair. mr. ray, i'm going to get my colleague to shift a little bit, or get up, thank you. one quick question. have you been sharing your findings with the s.e.c. at all? as you have been going through this? mr. ray: yes. mr. huizenga: how about southern district of new york? mr. ray: yes. mr. huizenga: i'll get to a couple of practical questions because i think these were the things i was going to ask you. and also ask mr....
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Dec 13, 2022
12/22
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huizenga: southern district of new york? mr. ray: rep. huizenga: yes. rep. huizenga:rep. huizenga: i'm going to get to a couple of practical questions because these are the things i was going to ask you and then asked mr. bankman-fried. in your declaration, you said that the ftx.com platform is not available to u.s. users, however, earlier this month, the chairman suggested in testimony before the senate agriculture committee that 2% of funds housed at ftx.com were from u.s. individuals. and you confirm whether there were u.s. individuals or persons , in fact, customers of ftx.com? mr. ray: we found that there was a small number of u.s. customers that had engaged in -- rep. huizenga: his 2% small in your estimation? mr. ray: we don't have those kind of numbers on investor basis, we have it on a customer basis. we are talking about less than a couple hundred. rep. huizenga: but it could amount to billions. or at least it could be millions or hundreds of thousands. do you know that number? mr. ray: i don't know that number. billions would sound very very -- rep. huizenga: y
huizenga: southern district of new york? mr. ray: rep. huizenga: yes. rep. huizenga:rep. huizenga: i'm going to get to a couple of practical questions because these are the things i was going to ask you and then asked mr. bankman-fried. in your declaration, you said that the ftx.com platform is not available to u.s. users, however, earlier this month, the chairman suggested in testimony before the senate agriculture committee that 2% of funds housed at ftx.com were from u.s. individuals. and...
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Dec 13, 2022
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rep huizenga: there is not consensus of that yet. others a security. it turns out this is a platypus. it has hallmarks of both. we have not reached that consensus. gensler believes, he did believe that it was commodity. he now seems to think it's a security. we are going to have to wrestle with this one. i should note, we have not seen gary gensler in front of our committee in over a year. i would like to ask, what has the interaction been with the sec leading up to this point? that's a very important thing. sam bankman-fried was in here and december 21. it's ironic that he has been here more than gary gensler. tom: we do this was all of our politicians, you are steeped in the core industrial process of america in sand, gravel, crushed stone. that's what you do in western michigan. how do we jumpstart investment in those core industrial and housing, construction processes? what is washington need to do to help somebody who was not busy and gravel right now? rep huizenga: we are pretty busy. infrastructure has continued to go on. your
rep huizenga: there is not consensus of that yet. others a security. it turns out this is a platypus. it has hallmarks of both. we have not reached that consensus. gensler believes, he did believe that it was commodity. he now seems to think it's a security. we are going to have to wrestle with this one. i should note, we have not seen gary gensler in front of our committee in over a year. i would like to ask, what has the interaction been with the sec leading up to this point? that's a very...
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i hello sad that katara is a sounds either in labor rights about huizenga firelight reducing minimum wage. this by the challenges that even european companies are denying to enforce these laws. they committed to a vision by choice and they opened to the world. still some here are calling to discriminate them. they bully them and they accuse everyone that talks to them or engages off corruption. they are in your donation of intelligence, high educated people, they helped us to reduce that the pension with turkey. they how does, without getting stand to save activists, children, women, they helped us and they are peace negotiators. they are good neighbors and partners, good neighbors and partners with the european parliament. president roberto had sold it to day promised to get to the truth. no matter how ugly that might turn out to be for the european union. she was speaking to her fellow law makers today. and she said that democracy in the european union is under attack and promised to route out anyone and everyone who was involved. i think it would be no exaggeration to say that the
i hello sad that katara is a sounds either in labor rights about huizenga firelight reducing minimum wage. this by the challenges that even european companies are denying to enforce these laws. they committed to a vision by choice and they opened to the world. still some here are calling to discriminate them. they bully them and they accuse everyone that talks to them or engages off corruption. they are in your donation of intelligence, high educated people, they helped us to reduce that the...
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Dec 14, 2022
12/22
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bill huizenga from the great state of michigan.steve: 13 minutes before the top of the hour and carley has some news. >> carley: certainly do. time for news by the numbers sponsored by novartis. first, 81.5 million. that is how many hours spent watching the meghan and harry netflix documentary. >> no one knows the full truth. we know the full truth. >> doesn't make more sense to hear our story from us? >> the biggest documentary premier ever. success comes as prince william and kate reveal 2022 christmas card. next, $240,000 that's how much lockheed martin is donating to the nonprofit wreaths across america. contribution will sponsors 16,000 wreaths that will be placed at the graves of fallen veterans as dozens of military cemeteries on saturday. and, private first class. that's the new rank earned by marine corps mascot chessy the 16th. the bulldog enlisted in february relieving his predecessor lance corporal chessy the 15th of his duties. in addition to being a proud marine, chessy is a good boy who likes long walks around the ba
bill huizenga from the great state of michigan.steve: 13 minutes before the top of the hour and carley has some news. >> carley: certainly do. time for news by the numbers sponsored by novartis. first, 81.5 million. that is how many hours spent watching the meghan and harry netflix documentary. >> no one knows the full truth. we know the full truth. >> doesn't make more sense to hear our story from us? >> the biggest documentary premier ever. success comes as prince...
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Dec 14, 2022
12/22
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as i mentioned, congressman bill huizenga was with us.w him some of the b roll capitol hill yesterday. here is some of the observation about where that money went and that guy is in trouble. >> i think they were smitten with this idea of having a politically progressive, smart entrepreneur who was going to reimagine capitalism, all while making them gobs of money. and how he was making them gobs of money was outright fraud. it's really sad that you had -- and these are by the way, not just mom and pop retail investors. these are supposedly sophisticated i object constitutional investors who basically just got sucked into it. it's a good question to say why wasn't he arrested a week ago or why couldn't they wait until after? because i think we would have found out valuable information having him under oath, sworn under oath in front of our committee answering questions that could have been being used for his prosecution. >> brian: so why would that? are they embarrassed by some of the things that sam was going to say about who he gave to?
as i mentioned, congressman bill huizenga was with us.w him some of the b roll capitol hill yesterday. here is some of the observation about where that money went and that guy is in trouble. >> i think they were smitten with this idea of having a politically progressive, smart entrepreneur who was going to reimagine capitalism, all while making them gobs of money. and how he was making them gobs of money was outright fraud. it's really sad that you had -- and these are by the way, not...
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Dec 14, 2022
12/22
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huizenga, for five minutes. mr. huizenga: mr. speaker, i rise today to recognize my hometown, the city of zealand, and its 175th anniversary. throughout the first week of october, friends and residents of this small but vibrant city in west michigan gather together to celebrate and share memories of the community's storied history. the village of zealand was established in 1847 when nearly 500 dutch citizens, led by james vanederlister, sailed from the nethe netherlands. i will note my own family came in the second wave of the same year of 1847 and has proudly been in the city of zealand since then. after settling on 16,000 acres of land, one of the first buildings established was a church. here reverend cornelius became the first spiritual leader and pastor of the zealand colonists, offering hope and courage as the settlers cleared thick forests and tackled this new land. as the center of the community, the church served as a place of worship on sundays as well as a school on the weekdays when instructions provided in both engli
huizenga, for five minutes. mr. huizenga: mr. speaker, i rise today to recognize my hometown, the city of zealand, and its 175th anniversary. throughout the first week of october, friends and residents of this small but vibrant city in west michigan gather together to celebrate and share memories of the community's storied history. the village of zealand was established in 1847 when nearly 500 dutch citizens, led by james vanederlister, sailed from the nethe netherlands. i will note my own...
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Dec 14, 2022
12/22
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huizenga will be recognized for five minutes. >> thank you, madam chair, and mr. ray. i'm gonna get my colleague to shift a little bit, or get up. thank you. um, uh, one quick question, have you've been sharing your findings with the scc at all? as you've been going through? >> yes. >> ok. how about the southern district of new york? >> yes. >> ok. i'm going to get to a couple of practical questions. these were the things i was gonna ask you and ask mr. bankman-fried. in your declaration, you said the "ftx.com platform was not available to users," however earlier this month, the cftc chairman testified that 2% of funds that ftx.com were from u.s. individuals. can you confirm whether there were u.s. individuals or persons, customers of ftx.com? >> uh, yes, we found there is a small number of u.s. customers that engaged as u.s. customers. >> it's 2% small in your estimation? >> we don't have those kind of numbers on an investor basis, but we have it on a customer basis. >> we're talking about less than a couple of hundred. it could amount to billions. you said earlier, t
huizenga will be recognized for five minutes. >> thank you, madam chair, and mr. ray. i'm gonna get my colleague to shift a little bit, or get up. thank you. um, uh, one quick question, have you've been sharing your findings with the scc at all? as you've been going through? >> yes. >> ok. how about the southern district of new york? >> yes. >> ok. i'm going to get to a couple of practical questions. these were the things i was gonna ask you and ask mr....