Bartlett Naylor
@bartnaylor
Financial Policy Advocate, Public Citizen. Views expressed do not necessarily reflect those of Public Citizen. Chief investigator, US Senate. Teamsters
Birds seem to be playing tag in my studio. All doors and windows open cuz I’m painting a portrait of my better half as Mdm X
Trump: Hillary Clinton is a "nasty woman" Kamala Harris is a "nasty woman" Nancy Pelosi is a "nasty woman" E. Jean Carroll is a "nasty woman" Elizabeth Warren is a "nasty woman" Meghan Markle is a "nasty woman" Ghislaine Maxwell "I wish her well"
This is your daily reminder that Trump is never thinking about working people, just his own personal grift.
You’ve planned and saved for months to take your family on that dream vacation. You buy amusement park tickets. Then, you go to buy the flights, except all of a sudden… the price has skyrocketed. Why? Because your airline knows you just purchased those tickets.
Early in a conversation with a stranger, I’ll say “you don’t recognize me, do you” thereafter they’re very respectful.
I’m not interested in Epstein Rs. Only Ds
The only thing that can be learned, is HOW MANY democrats were on Epstein Island, and how many times, and how many of them used children in the most horrific ways. I am not interested in a flight log. I have seen it. A flight log in/of it's self proves absolutely nothing.
We thought you’d be the adult. Alas.
The Fed is losing $100 billion a year. Now, it is blowing even more taxpayer money on out-of-control building renovations. Time for an internal review.
Hold the phone, sez Citadel. maybe the hash crypto bill slapped together by the bros needs some adult attention.
It says something when Citadel has to step in to warn the SEC not to be so gung ho about tokenised assets. bloomberg.com/news/articles/… #finreg
nothing to see here, folks. simply garden variety market manipulation by the president of the united states. popular.info/p/from-truth-s…
Put the Boss’s Skin in the Game nyti.ms/1OjarHX Bravo #Bartlett #Naylor @PublicCitizen. Excessive #executive #pay harms community.
So under the GENIUS Act, your stablecoin is legally required to be backed 1:1 by U.S. Treasuries. But here’s the catch: You don’t earn the interest. The issuer does. You take the risk. They take the profit. Welcome to the future of fintech: Public risk, private gain.
Pay close attention to what David Sacks says towards the end.
BREAKING: The House passed two crypto-friendly bills, the Genius Act and Clarity Act. Neither bill addresses Trump’s massive personal crypto grift. Both legitimize the biggest Ponzi scheme in history. All after crypto companies dumped $119M into the last election. A huge loss…
House Caves to Crypto Lobby, Fails to Stop Trump’s Grift - Public Citizen citizen.org/news/house-cav…
Congress says stablecoin regulation is needed to preserve the dollar’s reserve currency status. That’s not how any of this works. I break down the myth of stablecoin-fueled dollar dominance in my latest blog post. #GENIUS #stablecoins #crypto sites.duke.edu/thefinregblog/…
GOP Rep. Andy Barr just said even after passing the largest billionaire tax cuts in history: "the most important, most transformational piece of legislation in this Congress are the GENIUS Act & the CLARITY Act." That's how monumentally terrible these crypto scam bills are.
Republicans want to force 3 bills on crypto through the House that: ❌ reduce regulations ❌ weaken enforcement ❌ erode consumer protections ❌ empower corporate giants & big banks ❌ threaten our national security ❌ allow Trump to enrich himself I am a HELL NO.
Yes
I honestly do not understand crypto, (my daughter has tried so many times to help, she has grown weary). What I make of it, its a ponzi scheme. And now that Trump has his own fake money, he is trying to protect his big money maker. Am I close?
Representative Sherman decided to dedicate the GENIUS Act to the "ghost of Sam Bankman-Fried." This is Congress.
And maybe a merger w Citi
Amazing. Now what JPM really needs is a loosening of bank capital rules so it can grow even bigger… bloomberg.com/news/articles/…
"Former White House ethics lawyer Richard Painter and Warren have been against Trump’s involvement in the digital asset sector, with reports that his portfolio had surged by roughly $620 million due to his crypto investments." cryptopolitan.com/warren-warns-c…
Strongly worded letter noted.
A fascinating about-face: After the Committee mark-up, @HouseAgDems pledged to address Trump conflicts before the crypto bill went to the floor. Now that it’s time to vote on the floor and Republicans still refuse to rein-in Trump, all they have to say is ¯\_(ツ)_/¯