This article comes from Cozen O'Connor
The election may be over, but the politics for Federal Reserve Board Chair Jerome Powell and his Fed colleagues are just getting more complicated as they seek to bring down inflation.
FTX’s collapse could grease the wheels of the bureaucracy to produce a range of new oversight of the industry, from legislation to rulemakings to more aggressive enforcement.
Big Tech is coming under greater scrutiny from Republicans and Democrats. Deep divides lie between them though over what issues are of greatest concern, which makes forging bipartisan action challenging. But some common ground does exist and could still serve as the basis for turning pointed rhetoric into action.