Three regulatory fixes for a collapsing crypto market
Bloomberg Opinion argues that the FTX collapse should spur clear rules to curb abuse. Proposals include stablecoin backing with real dollars at the Fed, an industry overseer for exchanges modeled on FINRA, and a firewall to keep crypto from destabilizing traditional banks. Regulators must act to prevent systemic risk while not endorsing crypto.
MENTIONED IN THIS ARTICLE
FTX
Twitter
Federal Reserve
Coinbase Global Inc
Binance Holdings Ltd
Congress
Securities and Exchange Commission
Commodity Futures Trading Commission
Financial Industry Regulatory Authority
Bloomberg Opinion
Rag doll Christmas gift spans decades in Kentucky tale
A heartwarming true story from eastern Kentucky follows a sick father who cannot buy dolls for his four children during one Christmas era. Decades later his daughters receive handcrafted porcelain dolls in 1964 boxes, discovered by a flea market reunion that embodies enduring parental love and generosity.
MENTIONED IN THIS ARTICLE
Kentucky
Appalachia
Pelosi Leaves Her Mark In Capitol's Old Clubhouse
Los Angeles Times columnist Jackie Calmes profiles Nancy Pelosi in a wide interview that recalls the Board of Education room lore, Pelosi's rise from California politics to speakership, and her battles with church leaders and male House power. The piece notes the growth of women in Congress, Pelosi's reflections on sexism, and hints at a forthcoming memoir as she steps back from leadership.
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Capitol
Nancy Pelosi
Pelosi
Board of Education
Cactus Jack” Garner
Texas
Sam Rayburn
Harry Truman
Franklin Roosevelt
Congress
Education Committee
Robert E. Lee
San Francisco
Golden Gate Bridge
Cactus Jack
Mr. Sam
Catholic Church
Sara Burton
House
Burton
California
Washington
Emerita
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The
Los Angeles Times
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