2024-10-10
🟡News: Harris surrogate @mcuban doesn't believe Harris should keep Lina Khan as FTC chair. “If it were me, I wouldn't,” Cuban said to @semafor at a @KFF lunch. “By trying to break up the biggest tech companies, you risk our ability to be the best in artificial intelligence”
Bloomberg
A profile of FTC Chair Lina Khan, whose term ended in September 2024, as a bipartisan club of tech figures and VCs, including Reid Hoffman, call for her ouster
Biden's FTC chair has toughened merger oversight, taken on noncompetes and made the donor class crazy.
2024-09-27
For more on Harris extending a potential olive branch to crypto world as Trump goes all in, the story link is here: https://www.semafor.com/... https://x.com/...
Semafor
Kamala Harris is courting crypto investors and pro-crypto Democrats in Congress, as some prominent Democrats temper their initial skepticism of crypto assets
For Now Yves Smith / naked capitalism : Progressives Sound Alarm as Harris Courts Crypto Industry David Dayen / American Prospect : Not Enjoying the Mark Cuban for President Campai...
🟡SCOOP: Harris steps up her courtship of crypto sector & their Dem allies in Congress. Brian Nelson + Louisa Terrell are key Harris emissaries, per 2 sources. Rep. Nickel says to expect “a more balanced approach” Mark Cuban enlisted for Cap Hill visit https://www.semafor.com/...
Semafor
Kamala Harris is courting crypto investors and pro-crypto Democrats in Congress, as some prominent Democrats temper their initial skepticism of crypto assets
For Now Yves Smith / naked capitalism : Progressives Sound Alarm as Harris Courts Crypto Industry David Dayen / American Prospect : Not Enjoying the Mark Cuban for President Campai...
2024-07-17
Notable: Trump tells Bloomberg that he supports cutting the corporate tax rate to 15%, down from current 21% level. 15% was the rate he originally sought in 2017 when the GOP tax law was being drafted https://www.bloomberg.com/...
Bloomberg
Donald Trump says “I'm for TikTok, because you need competition”, and “if you don't have TikTok, you have Facebook and Instagram” and “that's Zuckerberg”
It's late June, and Donald Trump is plotting his next presidency in the gilded offseason isolation of the Mar-a-Lago Club.
2023-03-14
Former Rep. Barney Frank (D-MA) endorsed changes to his own Dodd-Frank law in 2018 that freed mid-sized banks from undergoing stress tests. He sits on Signature Bank's board, which just collapsed. I reached him via phone tonight and he declined to comment https://www.washingtonpost.com/ ...
CNBC
New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole”
2023-03-13
Former Rep. Barney Frank (D-MA) endorsed changes to his own Dodd-Frank law in 2018 that freed mid-sized banks from undergoing stress tests. He sits on Signature Bank's board, which just collapsed. I reached him via phone tonight and he declined to comment https://www.washingtonpost.com/ ...
CNBC
New York shuts down Signature Bank as US regulators cite a “systemic risk exception” like for SVB, announcing all of Signature's depositors will be “made whole”
U.S. regulators said Sunday it shut down New York-based Signature Bank, a second financial institution …
2021-08-09
Spoke w/Wyden about ongoing crypto tax talks: “I continue to feel very strongly I want to crack down on tax cheats and people associated with these centralized programs, crypto exchanges.. I just don't want to destroy the innovation that comes from a decentralized network”
Bloomberg
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill
- Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate
Caught up w/Toomey on crypto talks, some issues remain unresolved: “Someone in the business of running a centralized exchange should be required to report transactions for their customers.. but we should not rope in people who are not actually running a centralized exchange”
Bloomberg
Two groups of senators say they are nearing a last-minute deal on crypto oversight, but an agreement may come too late to get added to the infrastructure bill
- Senators say they are nearing last-minute crypto compromise — The amendment may not get called up for a vote in Senate
Spoke w/Wyden about ongoing crypto tax talks: “I continue to feel very strongly I want to crack down on tax cheats and people associated with these centralized programs, crypto exchanges.. I just don't want to destroy the innovation that comes from a decentralized network”
Washington Post
How the cryptocurrency industry gained influence in Washington and became one of the biggest stumbling blocks holding up the passage of the infrastructure bill
Caught up w/Toomey on crypto talks, some issues remain unresolved: “Someone in the business of running a centralized exchange should be required to report transactions for their customers.. but we should not rope in people who are not actually running a centralized exchange”
Washington Post