The always-awful Maxine Waters took to Twitter today to reach out to crypto fraud and Democrat megadonor Sam Bankman-Fried, who’s not rotting in jail for some reason, but is instead embarking on a media tour. A tour that is notable for SBF’s goofy appearance (who trusted this guy?!), gibberish non-answers, and refusal to take responsibility for swindling gullible investors (again, who trusted this guy?!) out of billions of dollars.
In a tweet that can best be described as “doting mom dishes out wistful dose of tough love to wayward scamp,” Waters praises SBF for being “candid” in his media blitz, while also kindly requesting the pleasure of his company at a hearing being held by the House Financial Services Committee, which she chairs.
.@SBF_FTX, we appreciate that you've been candid in your discussions about what happened at #FTX. Your willingness to talk to the public will help the company's customers, investors, and others. To that end, we would welcome your participation in our hearing on the 13th.
— Maxine Waters (@RepMaxineWaters) December 2, 2022
If we’re looking for accountability from SBF, we certainly won’t be getting it at Maxine Waters’ sham of a hearing scheduled to take place December 13. Why’s that, you ask? Because nine members of her committee — all Democrats, naturally — received over $300,000 in
bribes donations from SBF’s ill-gotten largesse. Our friends at the Free Beacon have been relentless in uncovering SBF’s deep ties and deep pockets when it comes to Democrats, reporting:
Bankman-Fried and his co-founders at FTX contributed $300,351 to nine members of the House Financial Services Committee, according to Federal Election Commission records. Some of the largest contributions were to Democrats on the committee’s Digital Assets Working Group, which worked on regulation of the crypto industry. Rep. Maxine Waters (D., Calif.), who chairs the committee, announced a probe this week into FTX’s collapse after the company declared bankruptcy, wiping out billions of dollars in customers’ portfolios.
In total, SBF donated nearly $40 million to Democrats during the midterm cycle, with an additional $10 million having helped fill the coffers of Joe Biden’s 2020 presidential campaign. SBF also reportedly vowed to donate $1 billion to Democrats in 2024. What exactly did he get in return for his $50 million investment in the Democrat Party? According to the New York Post’s Miranda Devine, he “was behind a whole lot of legislation that was being drafted that was supposedly going to regulate crypto, but keep the SEC out of it.”
In short, SBF had a willing partner in Maxine Waters and her committee members. Quid pro quo, baby. No one does it better than the Dems. Here are the numbers:
[Chuy] Garcia was the biggest recipient of Bankman-Fried cash. Bankman-Fried’s political action committee, Protect Our Future PAC, spent $199,851 on ads supporting Garcia, who serves on the committee’s Digital Assets Working Group. Bankman-Fried contributed another $2,900 to Garcia’s campaign.
Bankman-Fried and his associates gave to four other members of the Digital Assets Working Group, Reps. Ritchie Torres (D., N.Y.), Josh Gottheimer (D., N.J.), Jim Himes (D., Conn.), and Sean Casten (D., Ill.).
Bankman-Fried and his brother Gabriel gave $40,300 in all to Torres’s campaign and two of his political committees, the Torres Victory Fund and La Bamba PAC. Bankman-Fried and the head of FTX’s regulatory division gave $16,600 to Gottheimer, while other Bankman-Fried associates contributed $500 to Himes and $9,100 to Casten.
We’ve been here before with Maxine Waters. As RedState’s Nick Arama recently reported, “Sam Bankman-Fried was close to a lot of lawmakers, and people immediately began posting pictures on Twitter of Waters with him, including a video of her even blowing him a kiss.”
CAUGHT: Maxine Waters appears to blow a kiss at FTX’s chief fraudster Sam Bankman-Fried at a Congressional hearing while the cameras were still rolling
She’s the one who’s supposed to grill SBF next month?
— Benny Johnson (@bennyjohnson) November 18, 2022
She is shameless. Not a care in the world, as long as that sweet, sweet fraudulent money keeps heading her party’s way. Unfortunately for Maxine Waters and her disheveled sidekick, Sam Bankman-Fried, Democrats lose control of the House in 32 days. Waters loses control of the House Financial Services Committee that day and SBF will find himself under the scrutiny of Republicans.
Presumed incoming chairman of the House Financial Services Committee, Republican Patrick McHenry, has vowed to “get to the bottom” of FTX’s spectacular collapse and SBF’s role in its demise. Let’s hope he makes good on that vow.