As Congress discusses crypto regulation, it’s important to note that the most important regulation has already been done.
Gary Gensler
Posted inPolitics
Q&A: Ro Khanna on the New Economic Patriotism
The California representative has some ideas for how to broaden the appeal of progressive policy.
Posted inTAP
The New York Times Is in the Tank for Crypto
Today on Tap: There is far too much cheerleading and not nearly enough skeptical reporting.
Posted inMoney, Politics, and Power
Congressmembers Tried to Stop the SEC’s Inquiry Into FTX
The ‘Blockchain Eight’ wrote a bipartisan letter in March attempting to chill the SEC’s information requests to crypto firms. FTX was one of those firms.
Posted inMoney, Politics, and Power
Battle Royale for Crypto Oversight Kicks Off
Two agencies, the CFTC and the SEC, want to have the responsibility. Lawmakers have a self-interest in that process, too.
Posted inTAP
Crypto’s Odd Allies
Today on TAP: Why are progressives backing crypto’s crusade for weak regulation?
Posted inMoney, Politics, and Power
Sam Bankman-Fried’s Multimillion-Dollar Game
He is spending prodigious amounts on lobbying and elections to ensure that crypto is lightly regulated in the future.
Posted inEconomic Policy
The Stock Market Bubble and the Regulation Paradox
Understanding the several smaller financial-market bubbles that make up the big one
Posted inEconomic Policy
What the New Sheriffs of Wall Street Can Do
Biden has empowered a crop of aggressive financial regulators. They’ll need to look beyond the banking industry and into finance’s darker corners.
Posted inMoney, Politics, and Power
Gensler Punts in Fight Over Auditing Watchdog
The SEC chair installs a corporate defense lawyer to run the Public Company Accounting Oversight Board.