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Reach for your wallet when the regulated call on regulators for protection from competition #rentseeking bloomberg.com/amp/news/artic…
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Tom Brown (tpbrown5.eth)
2.7K posts
Tom Brown (tpbrown5.eth)
@tpbrown5
Changed character classes now investor/lawyer instead of lawyer/investor, still #fintech, putting the Ca in @nyca and learning lots #payments, #crypto, #nfts
Bay Area Tham gia Aralık 2009
615 Đang theo dõi867 Người theo dõi
The @USTreasury observed during the prior @realDonaldTrump administration that this language “is best interpreted to cover circumstances in which consumers affirmatively authorize … third parties … to access their … data from financial services companies.”
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Perhaps someone should observe to the court that Title X of Dodd Frank, of which Section 1033 is a part, defines “consumer” to mean not just an individual but also “an agent, trustee, or representative acting on behalf of an individual.”
Jonah Crane@JonahCrane
Don’t believe the CFPB’s claims that they want to rewrite the rule. If the court were to accept their legal arguments in this case any meaningful new rule would be foreclosed. It’s an obviously wrong reading of the CFPA, but ya never know with courts these days.
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@regulatorynerd FWIW it’s not that complicated. The opportunity for banks is the same as always—liquidity transformation and payments. See open.substack.com/pub/fintechfun…
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What are the five best things I can read to go deeper on the business models and opportunities of stablecoins?
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Thanks for the shout out Simon. Really excited to join the team @mercury.
Simon Taylor@sytaylor
Some neat detail in here 1. GAAP profitable 2. Former FDIC staff who unwound SVB joins the board 3. Some other big hires on the board like the mighty @tpbrown5
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Over 10,000 stores on Uber now accept EBT, delivering food to communities in need - including @Albertsons, @Safeway, @meijer, and @Walgreens .
Thank you @dkhos & @Uber for your partnership!
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This is a special program. Enable people to be their best selves and see what they can do.
Dave Font@davefontenot
If you haven’t adopted this new way of building companies, you will get outcompeted. In twelve weeks - four of ten teams broke $2M ARR - fifth team hit $1.7M - top team went from 1 to 10M Launching applications today. Ten teams. Only one HF0.
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Cait and I took a long walk with @lisagradow, and it was the nudge I needed.
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Been thinking about the parallels between peak #fintech and the coming product led wave that will transform the legal services industry.
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Would love to see the next administration sought to streamline our financial services regulatory framework rather than heap more complexity on top of the existing crazy quilt. Thanks @Orrick for providing a platform to explore. orrick.com/en/Podcasts/Re…
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In this month's newsletter, Duncan King sat down with @EladFouks (co-founder and CEO of Alterya). They discuss Alterya’s pivot to TradFi, what is most exciting about being a founder, and how the war has affected this Tel Aviv-based startup. We also highlight Claire Feeley, our Summer Associate!
lnkd.in/g6CcWRHk
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@sp0rtstalk0nly @SFGiants Odds are odds … but even for the non-quants, freeing up the DH spot for Luciano plus Flores or whomever else is better than three years of Soler #math
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Farhan Zaidi put on a masterclass at the trade deadline—dumped salary, netted a prospect for a journeyman pitcher (who hasn’t pitched an inning this calendar year), and improved the @SFGiants playoff odds. #letfarhanbfarhan
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@johnnyfromnj No one knew that Cobb’s rehab would take this long; and two weeks of at bats against the @Rockies … again, #letfarhanbfarhan … churn the bottom of the roster #thisistheway
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@tpbrown5 Masterclass? He paid that pitcher $6.67M to rehab for 4 months and traded away his hottest hitter.
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The @cfpb will face plenty of challenges in the future, particularly after @USSupremeCourt deems Chevron to be a dead letter. The argument in the @WSJ isn’t one of them.
Brianne Gorod@BrianneGorod
I suppose it's not surprising that the CFPB's opponents would try to spin last week's #SCOTUS decision as something other than the major loss it was, but this argument in a @WSJ op-ed really takes the cake. 1/x
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That’s largely consistent with the roadmap provided by the decision in SEC v. Coinbase, though you’re neglecting meme coins, which also aren’t securities under Howey (because parodies not investments).
Alex Johnson@AlexH_Johnson
This feels like where we will end up (and if so, I'll be happy).
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