Senator Durbin says politicians, regulators captive to process, contributors after FTX collapse

Illinois Senator Dick Durbin tells Commodity Futures Trading Commission Chairman Rostin Behnam at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform that his contributor Sam Blankman Fried and people just like him are going to be spending a lot of money to make sure there's as little regulation as possible, Benham responding that this narrative of small or weak agency couldn't be farther from the truth, there being a a separation of duty and a separation of responsibilities at his agency.