On Thursday's broadcast of CNBC's "Closing Bell," House Financial Services Committee Chair Rep. Maxine Waters (D-CA) denied that there was a failure to provide oversight and regulation of former FTX CEO Sam Bankman-Fried and FTX because of his campaign donations and said that "those contributions may have been done in an attempt to influence. But of course, we have to deal with that as regulators and as members of Congress with the responsibility for oversight." And that if people follow laws governing campaign donations, "then you cannot object to the fact that they give contributions and they followed the law in the way that they give them."