The 7 things you need to know for Wednesday, December 14 - The Washington Post

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U.S. officials accidental the laminitis of FTX committed monolithic fraud.

How we got here: FTX was 1 of the world’s largest cryptocurrency exchanges earlier it collapsed into bankruptcy past month.
What happened? The 30-year-old founder, Sam Bankman-Fried, was charged with aggregate crimes yesterday, 1 time aft his apprehension successful the Bahamas.
Why? Prosecutors accidental helium was utilizing customers’ wealth to wage debts, put and marque donations. Much of that wealth is missing and whitethorn ne'er beryllium recovered.

The Federal Reserve is expected to rise involvement rates again today.

What to know: The nation’s cardinal slope is still trying to get ostentation nether control, and adjusting involvement rates is the 1 large tool it has.
What this does: It makes borrowing wealth much expensive, affecting home-buying, car loans, concern investments and much — each of which tin chill the economy.
Is it working? There person been signs of progress. The latest information connected rising prices, released yesterday morning, showed year-over-year ostentation slowed again past month.

The Texas lawyer general’s bureau tried to get information connected transgender people.

What we know: Officials asked successful June for a database of radical who had changed their sex connected authorities records, according to Post reporting.
Why it matters: Such accusation could beryllium utilized to further restrict the rights of transgender Texans, advocates said, pursuing a slew of anti-trans legislation crossed the country.

It’s been 10 years since the devastating Sandy Hook schoolhouse shooting.

What happened? On Dec. 14, 2012, a antheral walked into Sandy Hook Elementary successful Newtown, Conn., and opened fire, sidesplitting 20 first-graders and six adults.
What’s changed? Efforts to enact meaningful gun-control measures person repeatedly failed since then. And determination person been much than 3,500 wide shootings successful the U.S., according to 1 tracker.

A immense tempest triggered blizzards and tornadoes crossed the U.S.

Argentina precocious to the World Cup final.

An experimental tegument crab vaccine showed promising results.

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