two actions occurred just days apart: world liberty financial got banking charter. Scott bessent announces that stable coin provision from clarity act will be carried forward. Who does that?

The administration killed Clarity and then saved the part that puts money in his own pocket.

\*\*before you get your panties in a bunch\*\* Dems are too pathetic to have past legal guardrails to do anything about it because theyre so preoccupied with wins that are more optics than helpful.

two actions occurred just days apart: world liberty financial got banking charter. Scott bessent announces that stable coin provision from clarity act will be carried forward. Who does that?

The administration killed Clarity and then saved the part that puts money in his own pocket.

**before you get your panties in a bunch** Dems are too pathetic to have past legal guardrails to do anything about it because theyre so preoccupied with wins that are more optics than helpful.

Was curious about the proposed Intro 518, so I pulled up Amazon's 10-Q. Turns out their retail side is swimming in cash — last year the retail division pulled in over $34 billion in operating profit, largely off the $69 billion it made in ad revenue. Kind of a bad look to be squeezing drivers while posting numbers like that.

Amazon's claiming the regulations will force them to pass costs onto consumers, making deliveries pricier for everyday New Yorkers. But their own revenue reporting says otherwise — they can easily afford to directly hire these drivers, pay a living wage, and operate safely in our neighborhoods without raising prices a cent. Kind of breaks my brain. Id bet that theyre bluffing.

Not paying DSPs properly isn't the invisible hand of the market. It's a middle finger of corporate greed.

TL;DR: Warren is butt-hurt because her strategy of pressuring Gary Gensler to regulate crypto by enforcement failed and made her look ridiculous. Like a total Karen, when she got publicly embarrassed, she doubled down by attacking her own party through the Clarity Act. She is now aggressively waving her finger at Sen. Gillibrand (D-NY) for working on a bipartisan bill that a ton of other Democrats actually support. Even though Whitehouse divestment is achievable, apparently, having no rules or guidelines is better than just policing an industry by self appointed community watch groups.

Sen Warren is personally leading the charge to torch the bill. Because she couldn't get her own party to kill it, she is using outside activist groups as a weapon to circulate a nasty letter in the Senate hitting Gillibrand below the belt over her son’s crypto ties. Warren is screaming that Democrats will "lose their moral authority" if Gillibrand is allowed to broker the final compromise.

This has forced Warren into a bizarre, hypocritical alignment with traditional banking lobbies, when she has historically been a massive adversary to Dimon and the big banks. This is a case of a Karen who looked foolish, cost her party a significant constituency in the last election, and is now acting out by trying to over-determine her own party's legislative agenda just to save face.

More here: https://www.yahoo.com/news/politics/articles/clarity-act-ethics-fight-targets-164100845.html

TL;DR: Warren is completely butt-hurt because her strategy of pressuring Gary Gensler to regulate crypto by enforcement failed and made her look ridiculous. Like a total Karen, when she got publicly embarrassed, she doubled down by attacking her own party through the Clarity Act. She is now aggressively waving her finger at Sen. Gillibrand (D-NY) for working on a bipartisan bill that a ton of other Democrats actually support. Even though Whitehouse divestment is achievable, apparently, having no rules is better than just policing an industry by self appointed community watch groups.

Sen Warren is personally leading the charge to torch the bill. Because she couldn't get her own party to kill it, she is using outside activist groups as a weapon to circulate a nasty letter in the Senate hitting Gillibrand below the belt over her son’s crypto ties. Warren is screaming that Democrats will "lose their moral authority" against if Gillibrand is allowed to broker the final compromise.

This has forced Warren into a bizarre, hypocritical alignment with traditional banking lobbies. And yeah—counter to popular belief in the crypto industry, Warren has historically been a massive adversary to Dimon and the big banks. But this is a case of a Karen who looked foolish, cost her party a significant constituency in the last election, and is now acting out by trying to over-determine her own party's legislative agenda just to save face.

More here: https://www.yahoo.com/news/politics/articles/clarity-act-ethics-fight-targets-164100845.html

Tl;dr: thune didn't let it go to cloture and is now waiting for tomorrow morning to give bipartisan negotiations a few more hours. This is a sign that he's negotiating in good faith to actually pass a law, rather than intentionally marching the bill into a ditch just to blame the Democrats. its a rare act of a u.s. senator exerting energy to get something done.

🤡

Dems got their time machine legislation. This bill allows people to sue for getting rug pulled by Trump and Melania Coin.

IF GOP PASSES THIS, DEMS WILL SUPPORT CLARITY. So the question becomes: WILL TRUMP RUG YOU AGAIN?

American Bankers Association (ABA) holds up Clarity Act for two paragraphs regarding esoteric legalize.

They claim that language needs to change from functionally equivalent to substantially similar. "Tiny surgical changes" amount to just a delay tactic.

The Verbal Breakthrough Is Real: Behind closed doors, Senators Ruben Gallego (D-Ariz.) and Thom Tillis (R-N.C.) have firmly shaken hands on a compromise framework. If GOP accepts, 7 to 10 dems are added to the list of supporters for Clarity Act.

You thought Trump wanted to make the Paris of Crypto. Or even the DC. He actually meant something more like the state capitals that are outshined by most of the rest the state that theyre in.

- The European Union: Markets in Crypto-Assets (MiCA)

- Russia: The Cryptocurrency Law (2026)

- UAE: VARA & DMCC Frameworks

- Brazil: VASP Regulatory Regime

- Cayman Islands: Custodian & Exchange Licensing

- Japan: Financial Instruments and Exchange Act (FIEA)

- United States: just winging it

THE CAYMAN ISLANDS HAS MORE REGULATION THAN THE U.S. WITH REGARDS TO CRYPTO.

Someone called this guy and told him to get in line lol.

Sen. Thune announces he is delaying the floor vote to pass the Clarity aact. Even though most people cant name who is about to be confirmed for labor secretary, apparently this is a big priority for floor time before the senate takes vacation. Giving POTUS broad rights to issue additional tariffs is more important. 🤡

TL;DR: if tillis and Cornyn stay put and let the dems have their pound of flesh, there's a path to passing. 7 dems are added leaving only 2 needed (not including McConnell in this).

Dems are proposing their own language for the ethics provision. That would likely gain support of 7 democrats:

Senators Angela Alsobrooks

Cory Booker

Mark Warner

Catherine Cortez Masto

Ruben Gallego

John Hickenlooper

Raphael Warnock

Because Hawley is butt hurt and Rand Paul prefers completely anarchy, theyll need 2 more votes:

Mitch McConnell (they put him in a suit and feed him drugs)

Kirsten Gillibrand (getable. Entirely up to gop)

John Tester (maybe... theres alot of farm provisions in the bill so there might be aligned interest on this)

Amy Kloubachar (same as tester but never liked clarity. Still, ag committee leverage might help here)

Also, tillis has been signaling that theres no chance. This might suggest he knows what dems are requiring from ethics provision and hes trying to back out. So tillis or Cornyn might back out after seeing the updated ethics because they're children and are scared of coastal states.

"I don't think we'll be able to get them done. I would like to at least get Clarity started. We'll see where the votes are."