Link.
Is the U.S. government weaponizing regulatory powers against crypto?
Add the question, is it a bad thing if that is so?
websearch = weaponizing regulation against crypto [over past month]
When the websearch was run over the weekend, the first two returned items:
Here's why recent moves by the SEC and CFTC may be just the start of crypto's regulatory troubles
Feds Are 'Weaponizing' Bank Crisis to Kill Crypto: Rep. Tom Emmer
Crypto is a current news topic. Emmer is in the middle of dispute.
___________UPDATE_________
Recent bank failures have motivated a bipartisan foursome of Senators to propose legislation aimed at a clawback of bank executive compensation:
A bipartisan group of senators introduced legislation to give regulators the authority to claw back executive compensation and bonuses from failed banks following the collapses of Silicon Valley Bank and Signature Bank this month.
Democrats Elizabeth Warren of Massachusetts and Catherine Cortez Masto of Nevada and Republicans Josh Hawley of Missouri and Mike Braun of Indiana are proposing a bill dubbed the Failed Bank Executives Clawback Act, which would mandate that federal regulators return to a bank all or part of the compensation its executives had received in the five years leading up to a bank’s failure.
The measure would clarify the requirements on the Federal Deposit Insurance Corp. and extend Dodd-Frank Act authorities on clawbacks to apply to banks in FDIC receivership, Warren's office said in a news release. Following the collapses of SVB and Signature Bank, the FDIC stepped in to guarantee money to the failed banks’ customers.
The legislation would also ensure that when an insured depository institution affiliated with a bank holding company fails, investors in the holding company bear the losses of that institution, the release said.