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Boris Johnson’s government has been accused of “corruption” and “synonymous with sleaze, dodgy deals and hypocrisy” following a vote to protect Conservative MP Owen Paterson from being suspended.

The MP for North Shropshire was facing a 30-day suspension from the House of Commons for “repeatedly” breaching lobbying rules over his paid consultancy work on behalf of clinical diagnostics company, Randox, and Lynn’s Country Foods, a meat processor and distributor.

For his part, Mr Paterson said he “wouldn’t hesitate” to act in the same manner “tomorrow”.

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Paterson: ‘I wouldn’t hesitate to do it again’

Tory MPs were told not back the cross-party Standards Committee’s call to suspend him.

But 98 abstained and 13 rebelled after being told to vote instead for an amendment to establish a new Conservative-led committee to consider Mr Paterson’s case and review the entire standards process.

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‘Shame’: MPs vote against suspension of ex-minister

However, the movement was passed with a majority of 18 votes and since then a number of political figures have hit back at the outcome.

As the result was announced, there were cries of “shame” and “what have you done to this place” in the Commons.

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Following the decision, Labour leader Sir Keir Starmer has accused the government of “corruption” and “wallowing in sleaze”.

He told The Guardian: “I am sick of people skirting around calling this out for what it is: corruption. Paterson was receiving money from a private company to ask questions on its behalf.”

Labour Party leader Sir Keir Starmer speaks in the chamber of the House of Commons, Westminster, as MPs gather to pay tribute to Conservative MP Sir David Amess, who died on Friday after he was stabbed several times during a constituency surgery in Leigh-on-Sea, Essex.
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‘Wallowing in sleaze’

He added that the Conservatives’ “plan is to permanently weaken the structures that hold MPs to high standards” and instead of “trying to sort things out, we have a government that wants to stitch things up”.

He also told the publication, “the rot starts at the stop” and “we have a prime minister whose name is synonymous with sleaze, dodgy deals and hypocrisy”.

His comments come as MP for Guildford, Angela Richardson announced she has left her role as a parliamentary aide to Michael Gove following the vote.

Making the announcement on Twitter, she said: “I abstained on the Leadsom Amendment today, aware that my job was at risk, but it was a matter of principle for me.”

The Father of the House, Sir Peter Bottomley, was one of the Tory MPs who refused to support the move to consider tearing up the standards system during the middle of Mr Paterson’s case.

“We chose the system we are now using,” he said. “If we want to consider changing it, we do it in a proper way instead of considering it in the way we are now.”

Labour’s deputy leader, Angela Rayner, said the party will “not be taking any part in this sham process or any corrupt committee”, with the Liberal Democrats and SNP also confirming they will boycott the committee being set up to look at the standards process.

Despite the backlash, Mr Paterson defended his actions to Sky News, saying he would have “no question” in acting the same way again.

He was found to have breached rules on behalf of Randox by making three approaches to the Food Standards Agency (FSA) about the testing of antibiotics in milk in 2016 and 2017.

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Ex-minister defends lobbying for cash

Following a two-year investigation, the Parliamentary Commissioner for Standards said Mr Paterson had breached the rule prohibiting paid advocacy by making multiple approaches to government departments and ministers for the two companies.

On behalf of Lynn’s Country Foods, Mr Paterson breached the rules by making seven approaches to the FSA in 2017 and 2018 and failed to declare his interest as a paid consultant to the FSA in four emails between 2016 and 2018.

But Mr Paterson, who was environment secretary from 2012 to 2014, denies the allegations, saying he was raising very serious issues about food contamination and accused the commissioner, Kathryn Stone, of admitting to him she “made up her mind” before the allegations were put to him and that none of his 17 witnesses were interviewed.

He has also claimed the investigation “undoubtedly played a major role” in his wife, Rose Paterson, taking her own life in June last year.

Anyone feeling emotionally distressed or suicidal can call Samaritans for help on 116 123 or email jo@samaritans.org in the UK. In the US, call the Samaritans branch in your area or 1 (800) 273-TALK

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US SEC, CFTC operations set to resume after 43-day government shutdown

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US SEC, CFTC operations set to resume after 43-day government shutdown

Employees who were furloughed during the US government shutdown are expected to return to work at the Securities and Exchange Commission and Commodity Futures Trading Commission after 43 days away.

According to the operations plans with the SEC and CFTC, staff are expected to return on Thursday, following US President Donald Trump’s signing of a funding bill late on Wednesday to resume federal operations.

The two agencies’ respective plans require employees to come in on the “next regularly scheduled workday […] following enactment of appropriations legislation,” which acting CFTC chair Caroline Pham appeared to confirm in a Thursday X post.

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Source: Caroline D. Pham

Amid the government shutdown, both agencies had fewer staff and reduced operations. In the SEC’s case, this limited its ability to review applications for exchange-traded funds, including those tied to cryptocurrencies. The CFTC’s plan said it would “cease the vast bulk of its operations,” including enforcement, market oversight and work on regulatory rulemaking.

With the reopening of the government, however, the SEC and CFTC may need some time to catch up on activities, such as reviewing registration applications submitted in the previous 43 days. Some companies submitted IPO and ETF applications amid reports that the shutdown would likely end soon.

“I’m sure some [companies] took the position that they could just submit [an application to the SEC] knowing it’s not going to be looked at until they get back, but at least they’re in the queue,” Jay Dubow, a partner at law firm Troutman Pepper Locke, told Cointelegraph.

He also warned of the possible ramifications of the SEC going through repeated shutdowns:

“Every time you go through something like this, there’s the risk of things just slipping through the cracks in various ways.”

Related: Last US penny minted shows why savers need Bitcoin

During the shutdown, officials with both financial regulators regularly spoke at conferences on their approach to cryptocurrencies, sometimes commenting on their availability and addressing the reduced operations. 

“Within limits, we’re still obviously functioning,” said SEC Chair Paul Atkins on Oct. 7, less than a week into the lapse in appropriations. “There are restrictions on what we can and can’t do, especially for staff […] I can still come and do things like this [referring to the conference].”

Before the funding bill had been resolved, Akins said that the SEC planned to consider “establishing a token taxonomy” in the coming months, “anchored” in the Howey test to recognize that “investment contracts can come to an end.” Pham, similarly, said the CFTC had been pushing for approval of leveraged spot cryptocurrency trading as early as December.