Wall Street Is Secretly Paying Millions to Kill Bitcoin Legislation - Here Is What They Do Not Want You to Know (Bit Coin, Wealth & Investing)

Wall Street Is Secretly Paying Millions to Kill Bitcoin Legislation - Here Is What They Do Not Want You to Know (Bit Coin, Wealth & Investing)

July 9, 2026 · 11 min

About this episode

This episode discusses how major financial institutions are lobbying against Bitcoin legislation to protect their profits.

In 2025 US banks generated $434 billion in profit from the gap between what they paid you on your savings and what they earned on your money. JPMorgan alone made $49.6 billion. Chase paid its customers 0.01% interest on savings accounts. The Federal Reserve was paying banks 3.65% on the same money. This episode is about why the most powerful financial institutions in the world are currently spending millions lobbying your politicians to kill Bitcoin and crypto legislation and what they are de...

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