Bloomberg Business

Bankman-Fried Bribery Charges Raise Stakes Again for FTX Founder

Sam Bankman-Fried already was facing more than a century behind bars if convicted of all the charges outlined against him when he was arrested in December. The addition of a charge that he bribed Chinese officials once again raises the stakes for the FTX founder as he fights accusations that he orchestrated one of the largest financial frauds in US history.

Japan LGBTQ Bill Faces Ruling Party Roadblocks, Lawmaker Says

Forces within Japan’s conservative ruling party are blocking a bill to promote understanding of LGBTQ issues despite pressure to show progress ahead of the country hosting the G-7 summit in May, a lawmaker from the party said.

Biden, McCarthy Fire Off Letters in Duel Over US Debt Ceiling

President Joe Biden responded to House Speaker Kevin McCarthy’s demands that he begin negotiations over the debt ceiling by challenging Republicans to produce a public budget plan before departing Thursday for a two-week Easter recess.

Fed Watchdog Launches Investigation Into SVB Supervision

The Federal Reserve’s internal watchdog has launched its own review of the failure of Silicon Valley Bank, a spokesman confirmed, separate from the probe that the Fed’s vice chair for supervision is leading.

Close Bitnami banner
Bitnami