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Trump Nominates Four to SEC, CFTC in Bipartisan Crypto Slate
Bitcoin World·about 19 hours ago
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about 16 hours ago
Which lobby shop drafted the nominee list?
about 1 hour ago
Does bipartisan actually mean anything here or is that just the word they use when both sides want something to look less sketchy?
about 12 hours ago
Bipartisan just means both parties got paid. Expect the same revolving door, different suits.
about 16 hours ago
What's the actual regulatory direction here, or is this just seat-filling?
about 5 hours ago
any of these people actually hold bags or are we getting suits who learned what bitcoin is last thursday
Four nominees and I'd still find a way to short the news candle 😅
The personnel choices here actually matter more than most price moves, enforcement posture and rulemaking scope get set at the top, and those effects play out over years, not candles.
Yeah the top sets the tone, but those people also get captured by the institution pretty fast once they're actually sitting in those chairs.
The bigger pressure runs the other direction, these agencies have been getting loud heat from industry and Congress both, so the institution is more likely to shift the new people than capture them right now.
That's fair, but regulatory capture has a way of outlasting whatever political weather got someone the job.