Huge House Financial Services Hearing on Politicalized SEC and 5 Crypto Billsfinancialservices.house.gov/calendar/eventsingle.aspx?EventID=409360
229 sats \ 10 comments \ @Cje95 18 Sep Politics_And_Law
Tomorrow, Wednesday, at 10:00 AM the House Financial Services Committee will be holding a hearing over the SEC’s political approach to crypto. Recently the stress at work and weather have been beating the hell outta me and I haven’t gotten around to do the write up in some recently introduced/discussed crypto leg. Five bills will be discussed with the witnesses who will provide critical feedback to the legislators.
This will be live-streamed through the link as well as on YouTube. Work and health permitting I will be watching this live and putting together something over what I got out of it and things people might have missed the importance of. I will likely post about this hearing again in the morning so people are aware of it!
Also let’s give it up to the financial services committee for the hearing title! Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets Is a hell of a good title!
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43 sats \ 0 replies \ @siggy47 18 Sep
Led Zeppelin:
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0 sats \ 0 replies \ @DarthCoin 18 Sep
Every time I hear something about politicians this song is in my head
hearing over the SEC’s political approach to crypto.
TOTALLY MEANINGLESS for Bitcoin
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0 sats \ 0 replies \ @Bell_curve 18 Sep
I love c span lol
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0 sats \ 6 replies \ @Satosora 18 Sep
What do you think will be said? You wont be sleeping through this meeting? Like the last time? lol
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41 sats \ 5 replies \ @Cje95 OP 18 Sep
Looking at the witness list (on the front page of the link) you have companies that are struggling with the lack of clarity for instance Robinhood and Bitwise Asset management as well as former SEC officials and legal scholars.
This type of balanced panel will really allow Members to ask good solid questions about what the legislation they are proposing will do (I haven’t had a chance to go through them all yet but one hits banks holding crypto and not making it be a liability for them. Another touches on NFTs and how they are not investments unless specified. If I’m feeling okay tomorrow I will go through them before and try and write up something!
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0 sats \ 4 replies \ @Satosora 18 Sep
That will be interesting to see. I dont want to sit through hours of them droning on.
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41 sats \ 3 replies \ @Cje95 OP 18 Sep
It’s something all have on while doing something else esp during the Q&A part. Opening statements should be good all around tho
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0 sats \ 2 replies \ @Satosora 18 Sep
I hope they are not ignorant about the subject. The facebook meeting was horrible
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21 sats \ 1 reply \ @Cje95 OP 18 Sep
McHenry, Emmer, Davidson, Torres, and a few others are super pro and want to figure out how to make this all work. I got faith in them… Maxine Waters and Brad Sherman are gunna suck though
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0 sats \ 0 replies \ @Bell_curve 18 Sep
California congressmen
Maxine needs to retire, too old, too many terms. A good example of why we need term limits
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