When Wall Street blew up the economy, they were forced to cut back on risky borrowing. Now those restraints are being ripped away.
cryptocurrency
Posted inPolitics
The Senate’s Mad Dash to Pass Something Before the Midterms
It was a lot of sound and fury signifying next to nothing, as most of the bills the Senate passed and the ones it punted to September are doomed.
Posted inMoney, Politics, and Power
Crypto Democrats Are Ghosting the Industry
The Senate punted a vote on the crypto industry’s top priority to September, which doesn’t bode well for the industry’s legislative agenda or their key alliance with certain moderate Democrats.
Posted inTechnology
Crypto Boosters See a Lack of CLARITY
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.
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.