john lent.iustitia venit

BREAKING: Co-sponsor of Elizabeth Warren’s “#Bitcoin Ban Bill” admits the bankers helped Warren write the bill.

🚨NEW: Negotiations between a small group of bipartisan senators aimed at getting Democrats to a better place on at least two outstanding Clarity Act issues wrapped for the night without a deal, I’m told. In a statement, one of the lead GOP negotiators, @SenLummis, said: “Ultimately, we have agreement on 99% of the bill. I hope my colleagues across the aisle will work with me to get the remaining 1% resolved after we pass this bill out of committee. Otherwise, when or if another FTX happens, we will have no one to blame but ourselves.” Democrats like @SenAdamSchiff and @SenRubenGallego had been pushing to reach a compromise on ethics/conflicts of interest involving the First Family ahead of tomorrow’s markup as a condition of their support for the bill, while other Democrats voiced eleventh-hour concerns about provisions tied to the Blockchain Regulatory Certainty Act (BRCA), which would prevent non-custodial software developers from being prosecuted under money transmitter laws. It’s my understanding that meaningful progress was made on ethics, but last minute disagreements over BRCA changes ultimately prevented a deal from coming together. Of course, it’s still unclear how the five pro-crypto Democrats on the Banking Committee will ultimately vote tomorrow, but as of now, the expectation is that the markup will be partisan.

👀👀👀👀👀👀 I don’t know if many of you remember when false allegations were made toward @bgarlinghouse regarding affiliations with Kyle Roche, but you can in the first pic where Roche “made a pact with Ava Labs” after being a low level associate with a law firm representing @Ripple. Well, turns out, after digging into some founding members of the Enterprise Ethereum Alliance (EEA), I noticed the CEO of Ava Labs was a Co-Founder of IC3 (Initiative for Cryptocurrencies & Contracts) who just happens to be a founding member of the EEA alongside JPMorgan and others. Bill Hinman’s law firm, Simpson Thacher, would also join the EEA. 🎯

The CLARITY Act will be a huge milestone for crypto and a huge achievement for @realDonaldTrump. I was championing a similar bill to get crypto out of Gensler's hands when Gensler helped Biden's DOJ put me behind bars. financialservices.house.gov/news/documents…

DEATON’S WASHINGTON CLEAN HANDS ACT Clean hands legislation will be one of the first things I introduce as a U.S. Senator. 1. Congressional Term Limits Establish a constitutional amendment to limit service (3 terms for House, 2 terms for Senate). 2. The No-Trade Zone - a ban on Stock Trading for Members of Congress 3. Lifetime Lobbying Ban for Members of Congress 4. End Regulatory Capture - a ban prohibiting high-level agency officials (FDA, SEC, EPA, etc.) from accepting positions on boards or executive roles at companies they previously regulated for at least five years. 5. Single Issue Bill Act - end omnibus spending packages thousands of pages long. Require every bill to be restricted to a single issue, ensuring that popular policies aren't used as trojan horses for unrelated, pork-barrel spending. 6. Read the Bill Mandate - the final text of any legislation be public and searchable for at least 72 hours before a vote can be held. 7. No Pay for No Budget - if Congress fails to pass a budget and the 12 required appropriations bills on time, congressional pay is withheld and cannot be recovered retroactively. 8. Dark Money Transparency - require immediate (48-hour) disclosure of any political contribution over $500 to Super PACs or non-profits engaged in political advocacy. 9. Ban on Foreign Lobbying & Contributions - prohibit any former member of Congress or senior executive branch official from ever working for a foreign government or foreign-controlled entity and close loopholes allowing foreign-owned domestic subsidiaries to funnel money into U.S. elections. 10. Truth in Legislating Audit - establish an independent, non-partisan ethics commission with the power to subpoena and investigate “pay-to-play" allegations. 11. End the Leadership PAC Slush Fund - abolish Leadership PACs which currently allow politicians to raise money from special interests and spend it on "lifestyle" expenses - luxury travel, five-star dinners, and private jets - under the guise of "political consulting." 12. The Conflict of Interest Recusal Mandate - require any Member of Congress to formally recuse themselves from voting on or sponsoring legislation that directly impacts a company or industry where they, or their spouse, or close family member holds a significant financial interest. 13. Mandatory Tax Disclosures - codify into law the requirement for any candidate for federal public office to release at least ten years of federal tax returns. 14. Truth in Spending - end the use of budget gimmicks like "emergency" designations for routine spending used to bypass spending caps (MA needs this as @MassGovernor has completely abused this practice while bankrupting taxpayers). 15. Inflation Impact Statement issued by an independent agency attached to any bill spending over $1B, so voters know exactly how the legislation will affect the cost of eggs and gas. (At the state level it should be any legislation costing $100M or more). 16. Full Disclosure of Shadow Lobbying - close the loophole that allows consultants and strategic advisors to influence policy without registering as lobbyists. If you’re paid more than $1,000 to influence a federal official - even if you aren't the one physically walking into their office - you must register and disclose your clients. 17. Universal Foreign Influence Disclosure - whether it’s Israel, China, Saudi Arabia, or Qatar - if you’re pushing the agenda of a foreign power in our halls of power, you should be registered as a foreign agent. Period. No loopholes, no consulting excuses, and no dark money. The American people deserve to know if a policy is being pushed by their neighbors or by a foreign capital. 18. End NGO funding - it’s a simple rule - if the government isn’t allowed to do or engage in the underlying activities - it shouldn’t be allowed to fund it.