Full Clarity: The Crypto Heist Happening Right Under Our Noses.
About this episode
The episode discusses the legislative progress of the Clarity Act and its implications for the crypto industry and the Trump family's financial interests.
The Trump family crypto grift moved into high gear by clearing an important legislative hurdle this week. The CLARITY Act officially moved out of committee and now goes to the Agriculture Committee before being paired with the House version and going for a final vote. Despite valiant attempts by Elizabeth Warren to put some guardrails and ethics provisions in place, the GOP shot them all down. Hundreds of millions in lobbying from the crypto industry has been sunk into a bill that has the potential to damage the banking system and enrich the President’s family. This is an update to an ongoing story about the ultimate financial heist happening in real time and right under our noses. Resources CoinDesk: Clarity Act Markup Session Bloomberg: Quiet Token Sales Boosted Trump Crypto Wealth by $660 Million CNBC: Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle Public Citizen: Big Crypto, Big Spending: Crypto Corporations Spend an Unprecedented $119 Million Influencing Elections American Bankers Association: ABA Community Bankers Council Letter Urging Senators to Close the Stablecoin Loophole Circle Stablecoin Reserve Tether Stablecoin Reserve Senate…
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