7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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White House Calls for More Crypto Regulation Amid FTX Collapse

During a press conference on Thursday, White House press secretary Karine Jean-Pierre stated that the Biden administration "has constantly maintained that, without proper oversight of cryptocurrencies, they risk harming everyday Americans."

Bloomberg | Getty Images
Founder and CEO of FTX, Sam Bankman-Fried

The White House's stance on crypto regulation comes during a particularly turbulent time for digital currency as the collapse of the cryptocurrency FTX unfolded earlier this week.

Related: 'I'm Sorry. That's The Biggest Thing.' Sam Bankman-Fried and Cryptoworld Lose Big in FTX Meltdown, Company Files For Bankruptcy.

"The most recent news further underscores these concerns and highlights why prudent regulation of cryptocurrencies is indeed needed," Jean-Pierre stated.

As FTX faces bankruptcy, the firm and its founder Sam Bankman-Fried are under extensive investigation about if clients' money was mishandled, Bloomberg reported. The probe is investigating the possibility that Bankman-Fried conducted a Ponzi scheme similar to that of Bernie Madoff by funneling clients' deposits into his hedge fund.

Related: Kevin Bacon Admits He Lost 'Most' of His Net Worth to Bernie Madoff's 'Too Good to Be True' Ponzi Scheme

The ramifications for investors could be catastrophic, which could be why the White House is determined to tighten regulations and oversight to avoid another FTX meltdown in the future.

Bankman-Fried took to Twitter to address the controversy, writing "I fucked up, and should have done better," before launching into a 22-part thread that concluded with "I sincerely apologize. We'll keep sharing updates as we have them."

https://www.tausiinsider.com/white-house-calls-for-more-crypto-regulation-amid-ftx-collapse/?feed_id=425801&_unique_id=649aaeaa8e1c7

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