Getting to the Bottom of What Happened at FTX

On Tuesday, I delivered opening remarks at the House Financial Services Committee's bipartisan hearing to investigate the events surrounding the collapse of digital asset trading platform FTX. At the hearing I questioned current FTX CEO John Ray to get the answers the firm’s customers and the American people deserve. Click here or on the image below to watch my opening remarks from Tuesday's hearing.

Before Tuesday's hearing, I joined CNBC's Squawk Box to discuss the arrest of former chairman of FTX, Sam Bankman-Fried and my thoughts on the hearing to investigate the collapse of FTX. Click here or on the image below to watch.

A Government That Is Accountable

On January 3, House Republicans will begin to fulfill our Commitment to America. Part of this promise is to ensure we protect American's constitutional rights and hold the Biden Administration accountable. This means defending free speech, protecting the lives of unborn children, and upholding the Second Amendment. House Republicans will also work to provide real transparency to the American people and demand the White House answer for its failures at home and abroad. Click here or on the image below to learn more about our commitment to the American people.

One of the ways I will uphold this commitment is through my role as the Chairman of the House Financial Services Committee. During last week's committee hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, I outlined how the incoming House Republican majority will pursue aggressive oversight to rein in the unaccountable CFPB. Director Chopra is implementing progressive policies at the expense of American consumers and we are committed to stopping them. Click here or on the image below to watch my opening remarks at last week's hearing.

What I've Been Reading

Biden braces for potentially 14,000 migrants a day

Axios

Our country cannot afford politically motivated policies that make our borders less secure, weaken the rule of law, and damage public health. But those are exactly the kind of policies President Biden has enacted since day one of his presidency, which has dangerously accelerated the crisis at the southern border. There is a growing threat of an overwhelming influx of migrants at our southern border—even worse than the historic influx we’ve seen so far—with numbers reaching as high as 14,000 border crossings a day. We need an end to radical far-left policies that threaten the security of the American people.

Cuban Missile Crisis veterans honored

Mt. Airy News

Four local veterans were recently honored for their service during the height of the Cold War. It is great to see these veterans receive the recognition they deserve. Today and every day I am thankful for the bravery and sacrifice of our servicemen and women. Please join me in honoring Don Overby (Air Force), Mike Cassio (Army), Mack White (Army), and Russell Brown (Navy).