Tag: Senate hearing

Railway CEO Declines to Commit to Pay for Long-Term Health Testing for Ohio Residents After Derailment

March 10, 2023
Alan ShawcongressCrime and IncidentsEast PalestineNorfolk SouthernOhioohio train derailmentPolicies & ImpactsPoliticsRegional & State NewsSenate hearingState NewsU.S. SenateUSUS News
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Norfolk Southern CEO Alan Shaw made an ambiguous promise Thursday to do “what’s right” for East Palestine, Ohio, residents after one of his rail company’s trains derailed there last month, releasing toxic chemicals into the environment. “We’re committed to doing what’s right for the folks of East Palestine and the community,” Shaw assured Sen. Tom…

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Senate Panel Told FTX Crash Not a ‘One-Off’ Amid Debate Over Tighter Crypto Regulation

December 14, 2022
Business & MarketsFTXMarketspersonal financePoliticsSam Bankman-FriedSenate hearingUSUS News
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At a Senate hearing Wednesday on the collapse of crypto platform FTX, expert testimony provided differing views on the loosely regulated crypto industry, with some arguing it poses big risks to customers and financial stability and must be more tightly controlled or banned outright, while others calling for a softer touch. The Senate Committee on…

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