Full Committee Hearing

Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers

Date:   Wednesday, December 14, 2022 Time:   10:00 AM Location:   Dirksen Senate Office Building G50

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing entitled, “Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers.” The witnesses will be: Professor Hilary J. Allen, American University Washington College of Law; Mr. Kevin O’Leary, Investor; Ms. Jennifer J. Schulp, Director of Financial Regulation Studies, Center for Monetary and Financial Alternatives, Cato Institute; and Mr. Ben McKenzie Schenkkan, Actor and Author. 

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Chairman Sherrod Brown (D - OH)
  2. Ranking Member Patrick J. Toomey (R - PA)

Witnesses

  1. Professor Hilary J. Allen
    American University Washington College of Law
  2. Mr. Kevin O’Leary
    Investor
  3. Ms. Jennifer J. Schulp
    Director of Financial Regulation Studies
    Center for Monetary and Financial Alternatives, Cato Institute
  4. Mr. Ben McKenzie Schenkkan
    Actor and Author