Today on TAP: Shame on Gary Gensler. And the coup against Katherine Tai.
SEC
Posted inTAP
Will the SEC Cave on the Latest Crypto Scam?
Today on TAP: The usually public-minded commission is on the verge of permitting a new Bitcoin gold rush.
Posted inMoney, Politics, and Power
Cracks in the Blockchain Eight
After Hamas boosted its finances with crypto funding, over 100 members of Congress urged a crackdown on crypto money laundering, including two notoriously pro-crypto representatives.
Posted inEconomic Policy
Long-Awaited Rules on Private Equity Mostly Involve Disclosure
The industry watered down some of the tougher prohibitions. But it’s a start.
Posted inTAP
Capitalists: Be Careful What You Wish For
Today on TAP: Wall Street’s hilarious complaint against a totally captured self-regulatory agency has one thing right: This delegation of government authority is unconstitutional.
Posted inEconomic Policy
The SEC Comes for Big Crypto
The agency has sued both Binance and Coinbase for violating securities law.
Posted inAmerica and the World
A China Reset?
It’s already happening—mostly to the advantage of Beijing.
Posted inTAP
How Wall Street Feeds Itself
Today on TAP: Stock buybacks hit new records last year. They should be banned outright.
Posted inTAP
The Soaking at Bed Bath & Beyond
Today on TAP: Who bought all that stock, as the retailer was on the route to bankruptcy?
Posted inMoney, Politics, and Power
New Astroturf Crypto Campaign Appears on Social Media
The House Financial Services Committee’s upcoming hearings on cryptocurrency regulation coincide with new groups pushing vapid digital campaigns.
