After spending hundreds of millions on Congress to advance their market structure bill, the CLARITY Act, the crypto industry faces one giant obstacle: Donald Trump’s corruption.
cryptocurrency
Posted inMoney, Politics, and Power
Not All Nepo Babies Are Trumps
DSCC chair’s 22-year-old son strikes it big in pursuit of further gamifying finance.
Posted inLaw and Justice
Economic Hit Men for Gambling Apps
Former solicitor general Elizabeth Prelogar is writing justifications for prediction market gambling apps, joining several Biden administration colleagues defending the industry.
Posted inMoney, Politics, and Power
The Project Crypto Scheme
Forget deregulatory legislation; the SEC and CFTC are already working diligently to eliminate regulatory oversight of crypto at the behest of their president.
Posted inPolitics
Will Lawrence Is Upending Conventional Wisdom on How to Win Congressional Districts
In a Michigan swing seat, a grassroots organizer is taking on data center developers and warmongers, with a populist message he thinks can win over voters.
Posted inTAP
An Unlikely Bipartisan Housing Win
The new housing law is a victory for Democratic agenda-setting, but real impact on housing costs remains elusive.
Posted inEconomic Policy
Crypto Industry Gets Its Way on GENIUS Act Rulemaking
The primary federal regulators of stablecoins are finalizing their rules for GENIUS Act implementation and, much to the chagrin of the banking industry, crypto firms are getting everything they want.
Posted inMoney, Politics, and Power
‘Magic Pill’ or Placebo?: Black Politicians and the Crypto Lobby
Young Black congresspeople are winning their seats with support from the crypto industry. But can investing in crypto help close the racial wealth gap?
Posted inMoney, Politics, and Power
Tracking the Flood of AI Political Spending
A new tool from Demand Progress will show you which pols are on the AI take.
Posted inTAP
AI Is Supercharging the Surveillance State
Warrants are at the center of the debate over government spying, and for good reason. But artificial intelligence is redefining the contours of that debate.