To access this clip without audiomarks, please purchase it, or upgrade your account.
         
Date
Summary
Rep. Ro Khanna: FTX Giving Millions to Dems Ought To Be Looked at Just As an Issue of Big Money
Source
CNBC

Name: CNBC

URL: http://www.cnbc.com/

Show
Squawk Box

Name: Squawk Box

URL: http://www.cnbc.com/id/15838368/

Persons
Rebecca Quick/Becky Quick

Name: Rebecca Quick/Becky Quick

Employment: CNBC

Position: Host

, Andrew Ross Sorkin

Name: Andrew Ross Sorkin

Employment: The New York Times

Position: Financial Columnist

, Ro Khanna

Name: Ro Khanna

Employment: House of Representatives

Position: Representative

Event
Event location
Link
Original recording
Uploaded
12/09/2022 08:42 am
Owner
Alex (staff)
Type
Video
Format
MP4 (720x406) Use clipper to adjust file type
Duration
0:03:56
Views
7
Purchases
0
Social views
0
Transcript
SORKIN Congressman you know ░░░░░░░░ has been some speculation ░░░░░░░░ given Sam Bankman Fried ░░░░░░░░ donations prolific donations largely ░░░░░░░░ the Democrats that Congress ░░░░░░░░ easy on him and ░░░░░░░░ fact that maybe even ░░░░░░░░ went easy on him ░░░░░░░░ will remember Terry Dufy ░░░░░░░░ the CME expressed deep ░░░░░░░░ about his business and ░░░░░░░░ went hard at Terry ░░░░░░░░ Now you ve come ░░░░░░░░ and said that he ░░░░░░░░ right and you acknowledged ░░░░░░░░ I went on Twitter ░░░░░░░░ said I want to ░░░░░░░░ with humility his insights ░░░░░░░░ greater than mine on ░░░░░░░░ but I think there ░░░░░░░░ a lot of folks ░░░░░░░░ there who say you ░░░░░░░░ was all of this ░░░░░░░░ function of money Had ░░░░░░░░ Bankman Fried bought off ░░░░░░░░ Democrats KHANNA No in ░░░░░░░░ case he hadn t ░░░░░░░░ given a single dollar ░░░░░░░░ the time of the ░░░░░░░░ The argument I had ░░░░░░░░ Mr Duffy was on ░░░░░░░░ the technical definition of ░░░░░░░░ requirements was which I ░░░░░░░░ I was technically correct ░░░░░░░░ he had broader insight ░░░░░░░░ FTX being fraudulent and ░░░░░░░░ called him afterwards and ░░░░░░░░ said Look you had ░░░░░░░░ that I didn t ░░░░░░░░ I acknowledge that And ░░░░░░░░ think though the broader ░░░░░░░░ was that many people ░░░░░░░░ t see it But ░░░░░░░░ don t think at ░░░░░░░░ in the case of ░░░░░░░░ hearings or in the ░░░░░░░░ of most of Congress ░░░░░░░░ there was any sense ░░░░░░░░ it linked to money ░░░░░░░░ I don t want ░░░░░░░░ be calling out Republicans ░░░░░░░░ I m sure a ░░░░░░░░ of Republicans got a ░░░░░░░░ of money from his ░░░░░░░░ PACs In my case ░░░░░░░░ got one contribution two ░░░░░░░░ before an election that ░░░░░░░░ returned that was a ░░░░░░░░ small contribution and had ░░░░░░░░ money from FTX or ░░░░░░░░ anytime before or after ░░░░░░░░ hearing that you are ░░░░░░░░ to QUICK Hey Ro ░░░░░░░░ gave the money back ░░░░░░░░ people have not given ░░░░░░░░ money back others have ░░░░░░░░ it to charity I ░░░░░░░░ it seems to me ░░░░░░░░ that money should be ░░░░░░░░ back to the bankruptcy ░░░░░░░░ so they can try ░░░░░░░░ make as many of ░░░░░░░░ creditors the customers there ░░░░░░░░ back as much as ░░░░░░░░ possibly can KHANNA I ░░░░░░░░ what happened in our ░░░░░░░░ is a week before ░░░░░░░░ election we got a ░░░░░░░░ from Sam Bankman Fried ░░░░░░░░ we refunded it so ░░░░░░░░ was about ten days ░░░░░░░░ It was a small ░░░░░░░░ I do think giving ░░░░░░░░ to the bankruptcy court ░░░░░░░░ this point would be ░░░░░░░░ But you know the ░░░░░░░░ way FTX was getting ░░░░░░░░ was not in individual ░░░░░░░░ of 2900 or 5800 ░░░░░░░░ is what he did ░░░░░░░░ week before the election ░░░░░░░░ me The real way ░░░░░░░░ they were putting millions ░░░░░░░░ dollars into these super ░░░░░░░░ And I do think ░░░░░░░░ question is where were ░░░░░░░░ putting in the money ░░░░░░░░ these super PACs A ░░░░░░░░ of those elections frankly ░░░░░░░░ against progressives I was ░░░░░░░░ endorsing the candidate on ░░░░░░░░ other side And many ░░░░░░░░ those candidates didn t ░░░░░░░░ who Sam Bankman Fried ░░░░░░░░ PAC supported But that ░░░░░░░░ to be looked at ░░░░░░░░ as an issue of ░░░░░░░░ money And there were ░░░░░░░░ lot of Republicans who ░░░░░░░░ from that big money ░░░░░░░░ well SORKIN But Ro ░░░░░░░░ terms of the money ░░░░░░░░ it all smells I ░░░░░░░░ we all agree that ░░░░░░░░ smells Why is there ░░░░░░░░ a greater emphasis on ░░░░░░░░ to get rid of ░░░░░░░░ money broadly so these ░░░░░░░░ about your credibility and ░░░░░░░░ credibility don t exist ░░░░░░░░ I don t think ░░░░░░░░ is any question about ░░░░░░░░ credibility I don t ░░░░░░░░ PAC money lobbyist money ░░░░░░░░ haven t taken a ░░░░░░░░ of it And like ░░░░░░░░ said the record is ░░░░░░░░ clear I haven t ░░░░░░░░ a dime of FTX ░░░░░░░░ or Bankman Fried monmey ░░░░░░░░ than a company nation ░░░░░░░░ the very end which ░░░░░░░░ returned which was after ░░░░░░░░ the hearings and questions ░░░░░░░░ I do think there ░░░░░░░░ a broader issue which ░░░░░░░░ these millions of dollars ░░░░░░░░ super PAC money that ░░░░░░░░ going into elections That ░░░░░░░░ why I said don ░░░░░░░░ take a dollar of ░░░░░░░░ money I introduced the ░░░░░░░░ PAC ed There are ░░░░░░░░ members like me who ░░░░░░░░ t take PAC money ░░░░░░░░ we need the 28th ░░░░░░░░ in this country to ░░░░░░░░ us the ability effectively ░░░░░░░░ big money that is ░░░░░░░░ our politics.”
To view this clip's transcript, log into your Grabien account.