
.@CFTC Reaffirms Exclusive Jurisdiction Over Prediction Markets in Sixth Circuit Amicus Brief: cftc.gov/PressRoom/Pres…
Alexander Grieve
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@AlexanderGrieve
DC stuff @paradigm | freedom isn’t free

.@CFTC Reaffirms Exclusive Jurisdiction Over Prediction Markets in Sixth Circuit Amicus Brief: cftc.gov/PressRoom/Pres…


Crypto skeptic Ben McKenzie, author of “Easy Money,” has been meeting with lawmakers ahead of Thursday’s crypto markup, I’m told. He’ll host a screening of his documentary “Everyone is Lying To You For Money” tonight in the Capitol Visitor Center, per an invite shared with me.

News: The Senate Banking Committee has released a 309-page draft of crypto market structure legislation ahead of a markup scheduled for Thursday AM. The draft includes key compromises struck in recent days by lawmakers, including stablecoin yield restrictions. Bill text here >>


After 12 amazing years in the @SenateCloakroom, I have joined @Kalshi as Head of Congressional Affairs. I started in the Senate as a Page when I was 16 years old. I learned what it was like to be in the middle of everything on the Senate Floor. I wanted to work there. Kalshi is innovating the world today. I want to work here.

.@SenWarren, top Democrat on the Senate Banking Cmte, opposes the GOP crypto market structure bill released late last night

Chairman @SenatorTimScott, @SenLummis, and @SenThomTillis released market structure text ahead of this week’s markup. The Senate’s CLARITY Act delivers clear rules of the road, protects investors, combats illicit finance, and keeps innovation in America. banking.senate.gov/newsroom/major…




American Bankers Association CEO Rob Nichols sent the following letter on Sunday to every other bank CEO in the country, asking bankers for “immediate engagement” on stablecoin yield policy. Senate Banking Committee is slated to mark up landmark crypto bill Thursday

News in PBN texts: Judiciary Committee Chair Chuck Grassley and Sen. Cynthia Lummis have a deal to address law enforcement concerns in a landmark crypto bill, per two sources familiar. The deal allows prosecutors to bring AML charges against demonstrably culpable crypto actors

🚨 The banking cartel is in full panic mode. 🚨 While Americans were celebrating Mother’s Day with their families, the CEO of the American Bankers Association sent a frantic alert to every bank CEO in the country, demanding “immediate engagement” to lobby Senators and kill stablecoins that would finally let everyday Americans earn real yields on their own money. This line in the letter sticks out: “we believe committee members may not be fully aware of the risks to the economy by the stablecoin loophole.” That’s both intellectually dishonest and simultaneously demeaning. First, there is no “loophole.” This entire issue was litigated during the GENIUS Act debate. @BillHagertyTN worked tirelessly on this issue and this statement is an insult to his and others work. For decades, these banks have treated your deposits like their personal piggy bank, paying you next to nothing while lending YOUR money out for massive profits and executive bonuses. During the Biden era, these same banks worked hand-in-glove with @SenWarren and her allies to debank Americans, including President Trump’s own family. They shut down accounts of conservatives, patriots, and anyone who dared challenge the regime, all while regulators applied pressure under schemes like Operation Choke Point 2.0. It wasn’t about risk. It was about political control. Now that innovative stablecoins threaten to break their monopoly and give you actual financial freedom? They’re running to Congress again, screaming about “threats to economic growth and financial stability.” Translation: Protect the racket at all costs. The Senate Banking Committee votes on landmark crypto legislation this Thursday. As a member of that committee, my message is clear: Hands off the people’s money. Let Americans choose real competition and better returns. No more shielding Wall Street from the future. The banking elite’s days of rigging the system and debanking their political enemies are over. Innovation, freedom, and the American people will win. I’m voting to break the cartel.




American Bankers Association CEO Rob Nichols sent the following letter on Sunday to every other bank CEO in the country, asking bankers for “immediate engagement” on stablecoin yield policy. Senate Banking Committee is slated to mark up landmark crypto bill Thursday

American Bankers Association CEO Rob Nichols sent the following letter on Sunday to every other bank CEO in the country, asking bankers for “immediate engagement” on stablecoin yield policy. Senate Banking Committee is slated to mark up landmark crypto bill Thursday

Banking groups are floating last-minute changes to a compromise on stablecoin yield as a key Senate panel begins considering CLARITY Act bloomberg.com/news/articles/…

