Today on TAP: It’s hard to think of a more useless financial invention. Crypto began as a fringe fad, disdained by the big investment banks. Now, Wall Street is cashing in.
campaign finance
Money Misses the Mark in Maryland
Despite spending $62 million of his own fortune on the Democratic Senate primary, Rep. David Trone lost last night to county executive Angela Alsobrooks.
AIPAC Running Field Organizing in Maryland House Race
Paid ads for Sarah Kelly Elfreth are just the tip of the iceberg in Maryland’s Third Congressional District.
The Mega-Donor Who Colluded With OPEC
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas prices high.
Live Nation Strikes Up the Band in Washington
Legal hot water and potential legislative reforms have triggered millions of dollars in lobbyist spending and campaign donations.
Plaintiff Trying to Reverse Noncompete Ban Is Trump’s Tax Adviser
G. Brint Ryan has advised Trump on tax policy. His company is dedicated to ‘liberating our clients from the burden of being overtaxed.’
Financial Irregularities Surround House Candidate Bhavini Patel
Patel, the Jeffrey Yass–backed challenger to Squad member Summer Lee, likely failed to disclose a $65,000 gift, or make required federal disclosures.
The Staying Power of Crypto’s Political Machine
SBF is going to jail, but the crypto machine remains king in the 2024 elections.
One More Way the Supreme Court Has Legalized Corruption
Disgraced Sen. Bob Menendez is pretending to ‘run’ for re-election because that allows him to tap his campaign account for legal defense.
The Self-Funding ‘Victim’ of the Criminal Justice System
David Trone, founder of the Total Wine chain, is trying to draw a contrast with his primary opponent, a former prosecutor, by saying he’s been caught up in the system. It was for business violations.
