Pierre Whatley

Pierre Whatley | Candidate for Georgia State House of Representatives – District 70 | Fighting to ensure everyone has the opportunity to thrive.

[Pierre Whatley @Pierre_Whatley]

Millions of ordinary families are fed up with being put on the back burner & not being heard at the expense of billionaires running our country. House Republicans know it too.

[InteractivePolls @IAPolls2022]

Multiple Republican lawmakers and aides have told Puck News that an exodus of House Republicans is likely in the coming weeks—one estimate puts the number as high as 20 new announcements—with most retirements expected from members in safe Republican seats and thus unlikely to imperil the majority.

https://t.co/4oD9hQtoFz

[Pierre Whatley @Pierre_Whatley]

In the richest country on Earth, people are one missed paycheck away from an eviction notice.

Way too many Americans stay up at night worrying about having to choose between keeping a roof over their head or food on the table.

America, we must do better.

[Pierre Whatley @Pierre_Whatley]

No doubt, great news here bridging the gap. Banks + Crypto = Future of Finance.

Equally important we work together to ensure local community banks, CDFIs & MDIs, aren’t left behind and have the right tech stack to both compete & keep pace with rapid innovation. @TheBlockFound @DigitalChamber @crypto_council @BlockchainAssn @ProgressChamber @NatBankers1927 @OppFinance @chainlink

[Simon Taylor @sytaylor]

WOW Basel Committee to rework 1,250% crypto capital rule after US and UK regulators refuse to implement it.

This will bring MANY more banks onchain

😳

The Global Basel Committee has officially announced it is overhauling its crypto capital standards, signaling a massive shift in how the world’s largest banks will interact with blockchain technology.

For years, the "1,250% risk weighting" rule stood as a firewall against adoption.

It effectively required banks to hold a dollar of capital for every dollar of crypto on their balance sheet.

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While intended to protect banks from volatility, it had a fatal flaw: it made basic blockchain operations mathematically impossible.

If a bank wants to tokenize a deposit, settle a repo transaction, or run a node, they need to pay "gas fees" in native tokens like ETH or SOL.

Under the 1,250% rule, holding that operational inventory was treated the same as holding a speculative gambling position.

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The US Federal Reserve and the Bank of England have now effectively rejected this framework, arguing that the capital charges are "unworkable" for real-world utility.

This global pushback aligns perfectly with the new guidance from the US Office of the Comptroller of the Currency (OCC).

In Interpretive Letter 1186, the OCC explicitly clarified that national banks can now custody crypto specifically for "network execution fees."

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This is the pivotal moment where the narrative flips.

Banks are no longer lobbying against the existence of crypto assets; they are lobbying for the regulatory clarity to use them as infrastructure.

We have moved from a "ban" phase to a "build" phase.

The global banking sector is getting ready to go on-chain.

[Eleanor Terrett @EleanorTerrett]

🚨NEW: @SenatorTimScott, previously mum on the Banking side of market structure, revealed a timeline today: markups and votes in both Banking and Ag committees next month, with legislation expected on the Senate floor “early next year.”

[Pierre Whatley @Pierre_Whatley]

Rent is up. Groceries are up. Healthcare costs are spiking. Childcare is breaking families. We are living in an Affordability Crisis.

I built my career standing up for communities and fighting to protect working people & small businesses during some of our country’s toughest times.

Now, I’m ready to bring that fight home. GA-13 deserves a leader with a real record of fighting – and delivering – for families.

See you tomorrow night @newbirthmbc.

[Pierre Whatley @Pierre_Whatley]

Happy Veterans Day to all the men & women who have worn our nation’s uniform. Veterans are our neighbors, teachers, coworkers, parents, grandparents and loved ones.

Thank you for your sacrifice to protect our country. 🇺🇸

[Pierre Whatley @Pierre_Whatley]

I’m a “Hell No” on this “deal.”

The economic harm to working families as a result of the healthcare crisis is very real. Families simply cant afford to watch their healthcare premiums double or triple. We have to stand up for working families, for our children, for our grandparents.

Kicking the can down the road to December for a separate vote on the ACA tax credits should be a nonstarter for @SenateDems.

[Pierre Whatley @Pierre_Whatley]

@TheBlockFound @DigitalChamber @crypto_council @BlockchainAssn @ProgressChamber @TheDRC_ @cryptocom @plumenetwork @BankingGOP @SenateBanking Proud to have played a small part to ensure CDFIs & MDIs are not left behind as blockchain continues to transform banking. Thanks to all the industry trades for elevating the important role these financial institutions play to serve local communities.

[Blockchain Foundation @TheBlockFound]

Today, we joined @DigitalChamber, @crypto_council, @BlockchainAssn, @ProgressChamber, @TheDRC_, @cryptocom, @plumenetwork, and others on letter to @BankingGOP & @SenateBanking to call for federal study of CDFIs & MDIs in bipartisan market structure bill. 

https://t.co/bBRs185XxU

[Pierre Whatley @Pierre_Whatley]

Great bipartisan hearing this morning with @GOPHELP and @HELPCmteDems on apprenticeships and early career programs w/ @LIUNA and @iuoe_union. Good to see that we’re finally talking about real pathways — not just jobs, but careers — for young folks across the country.

We have to give young people a chance. Everyone deserves a fair shot at climbing the economic ladder, and I’ll fight to make sure we invest in these programs so that young people won’t have to wait to start building towards a better future.

[Pierre Whatley @Pierre_Whatley]

Even though it will be partial payment for the month of November, families receiving SNAP benefits can breathe a bit ahead of the upcoming Thanksgiving holiday.

Good to see the voices of the people prevail. Let’s keep fighting! ✊🏾✊🏾

[Eleanor Terrett @EleanorTerrett]

🚨SCOOP: These crypto C-suites are expected to attend a roundtable with pro-crypto Senate Democrats on Wednesday to discuss market structure legislation and the path forward:

📌Coinbase CEO @brian_armstrong
📌Chainlink CEO @SergeyNazarov
📌Galaxy CEO @novogratz
📌Kraken CEO @DavidLRipley
📌Uniswap CEO @haydenzadams
📌Solana Policy Institute President @kristinsmith
📌Circle CSO @ddisparte
📌Ripple CLO @s_alderoty
📌Jito CLO @RebeccaRettig1
📌a16z crypto GC @milesjennings

I’m told others may be added to the list.

The meeting, led by @SenGillibrand, comes as negotiations with Republican counterparts have stalled in recent days following fallout and industry backlash over a leaked Dem proposal to regulate DeFi.

[Pierre Whatley @Pierre_Whatley]

Fintech isn’t just about apps or algorithms — it’s about access.
At #DCFintechWeek, I joined leaders to talk how technology can mean faster paychecks for working moms, access to much needed capital for small businesses, and expand economic opportunity for working families.
The future of money should start with the people. #GA13 #InclusiveInnovation #TechforGood