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A bit on Rep. Waters and what she brings to this moment having worked for her for 8ish years (thread): Brendan Pedersen @BrendanPedersen Nov 6 PBN Texts SCOOP: Rep. Maxine Waters (Calif) launched her campaign to remain top Financial Services Democrat. There's real news here. Waters wants to: - RENAME the panel "Housing and Financial Services" - create new leadership posts - "empower" subcommittee chairs
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The CFTC is behaving like the Office of Thrift Supervision. Given the conflicts they’re creating with a bipartisan coalition of states, this isn’t sustainable and at a certain point it’s going to provoke a real rethinking of the agency by Congress. InGame @InGameHQ Nov 6 Significant escalation via the @CFTC , which has ordered prediction markets to stop geofencing states within 30 days, or explain why they can’t. Puts Kalshi in precarious spot, on a collision course with court orders in Michigan, Nevada & Washington, where its sports contracts
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An elected leader’s focus on “financial stability, consumer protection, banking oversight, and illicit-finance” makes him the most unfavorable candidate ever for crypto? This post is unavailable.
0 replies·3 reposts·19 likes·652 views
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A quick thread on the upcoming Congress: The choice isn't between investigations and legislating. You can do both! In fact, the best investigations are done in service of learning more so that legislative reforms are more informed and targeted.
5 replies·52 reposts·202 likes·12.9K views