Congress and Crypto

Congress and Crypto

News and updates on all of the latest Congressional hearings, legislation, rumors, and more!


Crypto and Capitol Hill: Addressing the "Leaked" Democratic Memo from the Joint House Financial Services and Agriculture Committee Hearing

19 May 2023 3 minute read 3 comments Cje95

I often see headlines now that years ago would have really sent my mind on a wild adventure. This last week one such instance where the headline read, "Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto...

Sam Altman is Testifying Before Congress and is Starting to look like a Comic Book Supervillian

17 May 2023 3 minute read 4 comments Cje95

It has really blown my mind that people did not connect the dots until a few days ago that Sam Altman is much more than the head of OpenAI. As groundbreaking as OpenAI has been and the security concerns that have followed it the bigger security issue...

US Supreme Court is Revisiting an Old Case Which Could Ruin Gary Gensler's Day

4 May 2023 3 minute read 1 comment Cje95

TL;DR Two days ago the Supreme Court said it was going to revisit the court case that led to regulatory bodies like the SEC being able to expand its power into things like cryptocurrencies that they initially were not in charge of by stating that wel...

What's Up With the House Financial Services Stablecoin Bill as a Person Who Works on Capitol Hill

25 Apr 2023 6 minute read 3 comments Cje95

As many of my followers likely know I work for Congress on a House of Representatives Committee and while it can be an amazing job it can also be one of the most stressful stomach-churning things as well. One of the biggest things that I have tried t...

Gary Gensler on the Hot Seat

17 Apr 2023 2 minute read 7 comments Cje95

Last week the House Financial Services Committee released a letter they had sent to SEC Chair Gary Gensler "nicely" informing him about his agency's failures to provide records and responses that the Committee had requested. In fact, the Committee I...

The Current Situation with DAOs and The Idea of Leveraging this structure with Entities like OpenAI

12 Apr 2023 5 minute read 3 comments Cje95

Late last week I stumbled across an article that suggested that OpenAI would best be served to move from a company to a DAO. Naturally, this idea caught my attention since it would result in a monumental shift in corporate America that I am not sure...

The Chaos of Working For Congress but at Least I Have Crypto

7 Apr 2023 4 minute read 3 comments Cje95

I love my job, what I do, and the people that I work with but at the same time it is some of the most draining chaotic stuff I have ever encountered. When I started I figured that it would be like any other "normal" job. You work from X to Y, if you...

Congressional Investigations and Oversight Boot Camp Discusses SBF

4 Mar 2023 2 minute read 7 comments Cje95

Last week I spent two days attending an Investigation and Oversight boot camp for a small group of Congressional Staffers. Each day was 8 and a half hours long with only two five-minute breaks and one twenty-five-minute break.  Not to mention that fo...

Crypto on Capital Hill: With the SEC Move Senator Warren Smells Blood in the Water and like a Shark has Started to Circle

17 Feb 2023 4 minute read 2 comments Cje95

I know others have written about this topic on Publish0x and have reached various conclusions. Since I do happen to work on Capital Hill though, I feel it is necessary to throw in my two cents and help clarify what is going on up here. While there ha...

Not Learning Anything the First Time Around Prepare for Ripple Labs 2.0

15 Feb 2023 2 minute read 1 comment Cje95

Welp turns out the SEC is an old dog that is not able to learn new tricks. To be honest for a while I had a small sliver of hope that maybe just maybe they would not do anything psychotic. I was wrong and that is what yesterday's news has told us now...