Lummis, Gallego secure unanimous Senate approval opposing Sam Bankman-Fried clemency

The Block·

Lummis, Gallego secure unanimous Senate approval opposing Sam Bankman-Fried clemency

60-second summary

The U.S. Senate unanimously approves a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried. This move comes as Bankman-Fried faces sentencing for his role in the FTX collapse, which resulted in billions of dollars in losses. The resolution sends a strong signal that lawmakers will hold him accountable for his actions.

The U.S. Senate unanimously approved a resolution opposing a presidential pardon or commutation for convicted FTX founder Sam Bankman-Fried.