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US President Biden announces pick for FDIC chair

In a Nov. 14 announcement, President Biden said he intended to nominate Gruenberg, who has previously served as acting FDIC chair from 2005 to 2006, 2011 to 2012, and from February 2022 to the present. Gruenberg assumed the temporary position following the resignation of former Chair Jelena McWilliams.

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Source: Cryptocurrency - investing.com

Crypto.com CEO downplays FTX contagion fears, says he’ll prove naysayers wrong as withdrawals rise

People who fly private jets don’t want to return to airlines. But it’s costing them a lot more than it used to