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“#Reparations would be unjust and tear our nation apart” A bill now before the House of Representatives would set up a commission to “examine slavery and discrimination in the colonies and the United States from 1619 to the present and recommend appropriate remedies.” We all know what the euphemistic wording means in plain English: modern-day…
“# Gensler sticks up for Bitcoin before Congress, but doesn’t say much new ” Today, the Senate Banking Committee held its first hearing on the nomination of Gary Gensler to chair the Securities and Exchange Commission. The role will have major influence on the future of crypto regulation, as the SEC has been a chokepoint…
“#The $1.9T COVID-19 stimulus bill is a progressive’s wish list” Republicans should stop referring to the Democrats’ newest ideological wish list as a COVID “relief bill.” Surely, there is some GOP spin doctor who can come up with a more precise name for Joe Biden’s $2 trillion partisan monstrosity? The media have mobilized to warn us…
“#Disinformation hearing witness Soledad O’Brien falls for disinformation” A journalist who has perpetuated multiple conspiracy theories on social media will serve as one of House Democrats’ witnesses at Wednesday’s hearing on misinformation in the media. Soledad O’Brien, a former CNN anchor turned media critic, will speak before the House Energy and Commerce Subcommittee on Communications…
“# Congress worries crypto used to fund domestic terrorism, Capitol insurrection ” A U.S. Congress subcommittee is investigating if domestic extremists are turning to cryptocurrency as a source of funds for their activities. On Feb. 25, the Subcommittee on National Security, International Development, and Monetary Policy will hold a hearing titled “Dollars Against Democracy: Domestic…
“#GOP blasts Democrats’ $1.9 trillion COVID-19 stimulus bill” Democrats formally unveiled their $1.9 trillion coronavirus rescue package in the House — and the big-spending measure was swiftly panned by GOPers as a bloated “liberal wish list.” The 591 page bill unveiled Friday night includes $1,400 direct checks to eligible Americans making less than $75,000 a…
“# Law Decoded: Bringing blockchain into securities markets, Feb. 12–19 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Technology is by and large not the major barrier — though many in the industry have a decent bit of hubris about it….
“# Congress is blaming Robinhood, not Reddit ” Vlad Tenev, Robinhood’s CEO, very much occupied the hot seat in today’s hearing before the House Financial Services Committee over January’s market volatility. None of the representatives seemed particularly interested in putting the screws to Reddit CEO Steve Huffman, and many seemed to give Keith Gill the…
“#Melvin Capital’s Gabe Plotkin was target of anti-Semitism” The head of the hedge fund at the center of last month’s GameStop frenzy says Redditors targeted him with anti-Semitic insults and text messages. Melvin Capital founder Gabe Plotkin made the disturbing claim in prepared testimony he plans to deliver at Thursday’s House Financial Services Committee hearing…
“#Comedy’s Trump-era failure and other commentary” From the left: Comedy’s Trump-era Failure Saturday Night Live bungled a golden chance for sharp satire in the Trump years, notes Chapo Trap House’s Matt Christman at The Drift, offering only drab finger-wagging and “apocalyptic moralism.” Right after Election Day 2016, it gave us a lame open of “Kate McKinnon sitting at…