The fallout from FTX continues to dominate the headlines and culminated this week in Sam Bankman-Fried being arrested. Elsewhere, however, former President Donald Trump teased a “MAJOR ANNOUNCEMENT” that turned out to be $99 digital trading cards. Mocked upon their release, they quickly sold out. Here are the quotes of the week.
“They use QuickBooks … a multimillion-dollar company using QuickBooks.”
- FTX CEO John Ray tells Congress why the company was a mess.
“FTX operated behind a veneer of legitimacy Mr. Bankman-Fried created by, among other things, touting its best-in-class controls, including a proprietary ‘risk engine,’ and FTX’s adherence to specific investor protection principles and detailed terms of service. But as we allege in our complaint, that veneer wasn’t just thin, it was fraudulent.”
- Gurbir S. Grewal, director of the Securities and Exchange Commission’s Division of Enforcement.
“If Steve Bannon and I had organized that, we would have won. Not to mention, it would’ve been armed.”
- Rep. Marjorie Taylor Greene (R-GA) makes a quip about Jan. 6 that lands her in hot water. She later insisted it was sarcasm.
“Am I a b****?”
- House Speaker Nancy Pelosi (D-CA) asked a blunt question about herself during a tense phone call with former Vice President Mike Pence in 2020, according to a new documentary.
“Today, we tell the world that America has achieved a tremendous scientific breakthrough — one that happened because we invested in our national labs.”
- Energy Secretary Jennifer Granholm hails a huge scientific breakthrough for nuclear fusion.
“I support Sen. Manchin’s permitting reform proposal as a way to cut Americans’ energy bills, promote US energy security, and boost our ability to get energy projects built and connected to the grid.”
- President Joe Biden gives his full backing to Sen. Joe Manchin‘s (D-WV) permitting reform effort.
“I’ve been here 12 years, and I’ve seen this so many times. I know exactly what they’re up to. And I think it’s time we call them out on why they’re doing it.”
- Sen. Mike Lee (R-UT) previews a potential shutdown battle.
“Obviously, there’s a national security component here, but he is committed to getting that information out. Right now, we’re seeing more than 97% of the collection that’s out there.”
- White House press secretary Karine Jean-Pierre on Biden ordering the release of a new batch of classified records related to the assassination of former President John F. Kennedy.
“There have been some great Americans — some of the best — that have served in this chamber, but there also have been scoundrels, crooks, liars — this is the People’s House.”
- Rep. Tim Ryan (D-OH) delivers his final speech as a member of Congress
“In fact, by the time the dust settles, crypto may well represent a fraud at least 10 times bigger than Madoff.”
- Ben McKenzie, star of The O.C. and Gotham, who has become a vocal critic of cryptocurrency, speaks on Capitol Hill about all its red flags.
“[It] really sucks because I spent a lot of time building this and I love it and it’s grown on me.”
- Dan Bongino announces the end of his national radio show.
“TikTok is a Trojan horse for the Chinese Communist Party. It’s a major security risk to the United States, and until it is forced to sever ties with China completely, it has no place on government devices.”
- Sen. Josh Hawley (R-MO) pushes for a government ban on TikTok.
“I can’t do this anymore. … He’s one of the best presidents in history. I gotta tell you. Whoever, what business partner and anybody on the comms team and anybody at Mar-a-Lago, and I love the folks down there, but we’re at war. They oughta be fired today.”
- Steve Bannon reacts to Trump’s trading card stunt.
