The final cloture vote doesnt tell the entire story amongst Rs. Some of their support for the final bill mightve been contingent on certain amendments like this.
A lot of people said it was all about ethics. If this amendment was filed with this level of support, its safe to say it wasnt all about ethics. It wouldve caused an uproar at the 11th hour.
It reminds me of 2021 and the broker rule in IIJA. Crypto was caught flatfooted then too.
I only say this because the 49-50 vote doesnt necessarily offer an accurate guage of R support moving forward. Hence my prior statement that crypto needs to reevaluate its advocacy.
To sum up: the supervisory process figured out the problems at SVB, and then endlessly debated what to do about it without ever fixing it. Problem was not a lack of authority or a some kind of connection to "regulatory tailoring" as was first alleged.
NEW: The crypto industry is emerging as a political liability on the left
The shifting politics of crypto are a big part of the dilemma Senate Dems face as they weigh whether to vote for the Clarity Act this week
https://t.co/NWN2Ikq58m
One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJ’s Nick Timiraos, reduced to reporting Fed backroom gossip because they’re incapable of performing real economic or monetary policy analysis without being spoon-fed.
Video footage posted recently by the YouTube channel Project Fear, filmed near Area 51 at the Nevada Test and Training Range (NTTR), appears to have captured a new sixth-generation fighter aircraft, possibly the U.S. Air Force’s Next Generation Air Dominance (NGAD), known more commonly as the Boeing F-47.
The House-amended 21st Century ROAD to Housing Act passed 396-13 and is backed by President Trump.
House Republicans remain committed to addressing housing affordability and bringing the American Dream back within reach for hardworking families across the nation.
WATCH: @RepMeuser speaks in support of the 21st Century ROAD to Housing Act, as amended:
“This bill cuts through the blue tape, I tend to call it, by streamlining bank financing for construction and development loans, giving banks greater flexibility to support new housing. … It modernizes zoning guidance to create new housing developments, speeds up environmental and project reviews that too often delay construction for months, if not years, and increase costs.”
📺⬇️
Pennsylvania will power America’s future. At @TalenEnergy’s Freedom Natural Gas Plant this week, @RepMeuser and I met the workers making it happen every day.
We need to cut the bureaucracy, unlock energy projects, and deliver real jobs for our communities.
Ways & Means R’s will have another “policy hour” Friday morning, per multiple sources
W&M has been using the sessions to plot out their crypto tax bill. Pace of the meetings is heating back up
My wife, Shelley, and I are praying for @SusieWiles as she begins treatment for early-stage breast cancer. She has continually been one of the best and most capable leaders in Washington.
Her decision to take this on while continuing to serve the American people speaks volumes about her strength, character, and commitment to this country.
May God bless the Chief of Staff to the President of the United States and my friend, Susie Wiles.
At today’s Financial Institutions Subcommittee hearing, I highlighted the growing fraud crisis facing Americans. The FTC reported $12.5 billion in fraud losses last year—and the real number is likely far higher.
From 2021–2024, the FTC reported scams and fraud increased 110% under the CFPB’s oversight. Results matter—even in government.
That’s why we’re advancing solutions like the SCAM Act to better protect consumers and stop fraud before it happens.
Great meeting with @RepMeuser to discuss strengthening America’s critical minerals supply chains and advancing energy security at home and around the world. 🇺🇸🔋