so president biden has declared and ukrainian is president zelensky accepting. but there s fractures between the two. very apparent. if leon panetta with nato itself. where does this duo stand in the senate on this? we ll ask kirsten gillibrand and wyoming republican cynthia loomis, what they re doing together showing two sides can work together. they ve been a good example of that. welcome, everybody. i m neil cavuto. so glad to have you. all right. let s get to it, everybody. happy to have you here. let s go to adam klotz on where the heat is on and how bad it could get. what s the latest? the heat is on for a lot of folks. 156 million americans will be experiencing temperatures today that at least are in the 90s. some folks will see it higher than that. heat alerts stretching from california, texas, florida. the hottest temperature out there, heat index, the heat plus the humid. it s the sticky air. we re up to 115 in the middle of the country. that s in oklahoma. today
those will be regulated under the cftc. this is a comprehensive robust bill that allows for innovation and can protect u.s. markets so industry will stay here. right now industry wants to leave because we have no regulations. they want to go to europe and other places that have certainty. we need to provide certainty for industry participants and to protect consumers. neil: one of the issues i did want to follow up on that this notion that you can have a lot of government agencies looking at something but missing a lot. i m thinking of the bernie madoff ponzi scheme that was missed for years. are regulators up to handling something like this or could they also botch it? very good fraudsters will
handle customer withdrawals. we have these in the market from time to time. this time it s crypto. so it s very unfortunate what happened and it seems there s a fair amount of malfeasance involved, too. i hope we move on and learn a lesson. a forensic accountant said this case has close similarries to the bernie madoff ponzi scheme. there was no oversight and everything there s one person. experts say this is another warning about investing in things not fully understood. you can see the failures looking in the rear view mirror. anybody that invested on this on the front end should have asked pointed questions about governance and control. any time you deal with something offshore, that heightens the concern. trace: the top 50 creditors are still owed about $3 billion. the sec and new york state prosecutor s office are looking into this collapse. trace? trace: thanks, edward. live in d.c.
investment side. i know you did as well. the team is the foundation for your product. you look at them before you put your money in, right, sandra? sandra: i think that has a lot of people comparing it to the bernie madoff ponzi scheme, perhaps she should go back to the elementary school education and learn to donate or spend money you have to actually have it or make it first. kelly o grady. john: a quick correction as well, it was facebook giving free laundry to employees, but stopped doing that. and missile strikes against ukraine, sixth mass attack, ukraine may be in position to negotiate a peace deal with russia some time this winter. bring in morgan ortagus. go to what the general said yesterday at the pentagon in the briefing about the perhaps the
DOJ announced Madoff Victim Fund began eighth distribution of approx $372 million in funds forfeited to U.S. government related to Bernard L. Madoff Investment Securities LLC fraud scheme. Payments will be sent to 27,219 victims globally, bringing total recovery to 88.35%.