Former House Financial Services Chair Patrick McHenry says the crypto industry "had an opportunity to legislate". Could've sworn that was Congress's job.
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- 2026 midterms
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PSA: It’s journalistic malpractice to quote a tech super PAC claiming a voter mandate because its candidates won “29 of 32” general election races without checking how many of those races were competitive.
(Pictured: Fairshake’s “victory”, where 81% of their money backed candidates who lost)
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- Fairshake · Leading the Future · 2026 midterms
now that i’ve had more than three hours of sleep i think it’s finally sinking in that in the next couple years i might get to write about hopeful things and not have every podcast interviewer end the episode with “well, on that cheerful note...”
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- #us-politics
Here’s a small sample of the letters from Democratic members of Congress I’ve covered since Trump took office. Most were ignored, but they laid the groundwork for what they need to do in January.
from Sen. Richard Blumenthal, Ranking Member, Permanent Subcommittee on Investigations
… illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. … Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, …
Dear Mr. Lutnick:
The Senate Permanent Subcommittee on Investigations (“PSI” or the “Subcommittee”) Minority is investigating the illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. Similarly, Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, including a $192 million distribution from Cantor Fitzgerald. Cantor Fitzgerald has benefited alongside Lutnick in the last two years, in large part due to its partnership with Tether. Since the President’s return to office, Cantor Fitzgerald’s five percent stake in Tether has increased in value from $600 million to an estimated $10 billion, in addition to the tens of millions of dollars the company collects every year from the assets it holds for Tether. ...
The Senate Permanent Subcommittee on Investigations (“PSI” or the “Subcommittee”) Minority is investigating the illicit use of cryptocurrencies and the Trump Administration’s selfenrichment and self-dealings with cryptocurrency firms. President Trump has made over $2 billion since his return to office, with most of this sum coming from his family’s crypto ventures. Similarly, Cantor Fitzgerald’s former Chairman and current Secretary of the Department of Commerce, Howard Lutnick, has made over $250 million in that same time period, including a $192 million distribution from Cantor Fitzgerald. Cantor Fitzgerald has benefited alongside Lutnick in the last two years, in large part due to its partnership with Tether. Since the President’s return to office, Cantor Fitzgerald’s five percent stake in Tether has increased in value from $600 million to an estimated $10 billion, in addition to the tens of millions of dollars the company collects every year from the assets it holds for Tether. ...
full letter (PDF) · highlights mine
got my coffee, got my snacks, ready to watch how crypto and AI’s $250 million campaign finance blitz turns out
it’s thoughtful to schedule Election Day during Discount Chocolate Week
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- #elections
Binance’s Changpeng Zhao threatening Elon Musk that he will nuke $1 billion in SpaceX shares
(Remember it was CZ threatening to dump FTX’s FTT token that helped kick off FTX’s collapse)
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- Changpeng Zhao · Elon Musk · 2026 Binance hack · Binance
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- 2026 Binance hack
If you are reading this, you are someone who reads the news, and if you are someone reading the news, that hand is throttling your heart right now.
On some level, you know this, but you are likely so used to it that you do not really know how hard it’s squeezing, and how much it saps your strength.
There is a difference between burying your head in the sand and periodically reminding ourselves that the world can be beautiful and good. We have somehow become convinced that turning away even for a second is a betrayal of the most vulnerable amongst us, but constant activation paralyzes us with dread and leaves us too exhausted to take action. Hyperawareness is not a virtue, it’s a symptom of mental illness—ask your complex post-traumatic stress disorder friends about it sometime. We are not betraying the cause by turning off our phones for a few hours; we are not lazy pieces of shit who deserve to be poor when we opt for sleep over pseudoproductivity.
The healthcare marketplace would like me, a self-employed person with no recorded disabilities who has never served in the military, to prove that I don’t have insurance through an employer, the VA, or Medicare.
Apparently I am meant to do this with things like a letter from my employer saying they don’t over me coverage?? “Dear me, I regret to inform us...”
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- #healthcare