Eggplant.place

76d

'Not going to tell you,' Bondi flips out & refuses to answer after being pressed by Sen Merkley.

On Trump's #crypto scheme, AG Bondi became angry & refused to answer Qs on whether foreign influence is affecting decisions being made by Trump.

"Many folks who attended this dinner were buying those claims bc they wanted to influence policy." He listed suspicious foreign characters at the dinner. “Don't you think the American people have a right to know?"
#Corruption #USPol
https://www.rawstory.com/pam-bondi-2672435040/

Edited 76d ago

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76d

Federal Housing Finance Agency Director William Pulte: “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage”

#crypto #cryptocurrency #USpol #US politics

Order Issuing Directive to Consider Cryptocurrency as an Asset for Single-Family Loans Delivered to Fannie Mae and Freddie Mac
WHEREAS, Fannie Mae and Freddie Mac (the Enterprises) maintain a pivotal role in the U.S. housing finance system by providing stability and liquidity to the secondary market for residential mortgages through prudent standards to help ensure sustainable, long-term homeownership.
WHEREAS, cryptocurrency is an emerging asset class that may offer an opportunity to build wealth outside of the stock and bond markets.
WHEREAS, cryptocurrency has not typically been considered in the mortgage risk assessment process for mortgage loans delivered to the Enterprises, without converting the cryptocurrency to U.S. dollars prior to loan closing.
WHEREAS, U.S. Federal Housing FHFA has now determined that the consideration of additional borrower assets in the Enterprises' single-family mortgage loan risk assessments may enable the Enterprises to assess the full spectrum of asset information available for reserves and to facilitate sustainable homeownership to creditworthy borrowers.
NOW THEREFORE, U.S. Federal Housing FHFA, as conservator, hereby directs each Enterprise to prepare a proposal for consideration of cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments, without conversion of said cryptocurrency to U.S. doll

ALT

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37d

The scale of Trump's pay-for-access scheme outlined by the Times is mindblowing. Crypto contributions resulting in business deals with the Trump family crypto businesses, oil companies buying influence and later reaping benefits from friendly policies, and a $1 million pardon.

https://www.nytimes.com/2025/08/02/us/politics/donor-list-suggests-scale-of-trumps-pay-for-access-operation.html

#crypto #cryptocurrency #USpol #USpolitics

When the cryptocurrency entrepreneur Eric Schiermeyer heard that President Trump was holding small group dinners with major donors, he saw opportunity.
Mr. Schiermeyer reached out to a lobbyist with connections in Mr. Trump’s orbit, who arranged for him to attend a dinner with the president at his private Mar-a-Lago club on March 1 in exchange for donations to a pro-Trump PAC called MAGA Inc. totaling $1 million.
The personal and corporate donations were among dozens of seven- and eight-figure contributions to MAGA Inc. from crypto and other interests revealed in a campaign finance filing on Thursday night that hinted at the access Mr. Trump accords those willing to pay.
At the dinner, Mr. Schiermeyer, who had never given a federal political donation before, presented an idea for a cryptocurrency called “U.S.A. Token” that would be distributed to every citizen, according to interviews and a flier he distributed to attendees that sets out details of the proposal. He hoped it could be supported through a federal contract with his company.

ALT

Cryptocurrency interests, which have benefited from the Trump administration’s dismantling of a yearslong government crackdown and from the Trump family’s financial interest in the industry, appear to have been the most generous industry, accounting for nearly $45 million in donations to MAGA Inc.An affiliate of the exchange Crypto.com gave $10 million, while the crypto services company Blockchain.com donated $5 million. The venture capitalists Marc Andreessen and Ben Horowitz, who are heavily invested in crypto, gave $3 million each. Ondo Finance, which has a partnership with the Trump family’s crypto company, donated $2.1 million to MAGA Inc., on top of $1 million to Mr. Trump’s inauguration.

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54d

The House has passed the GENIUS Act stablecoin bill, sending it to Trump's desk where he will sign it. They've also passed the CLARITY Act crypto market structure bill and the Anti-CBDC Surveillance State Act, both of which still need to go to the Senate.

#crypto #cryptocurrency #USpol #USpolitics

Edited 54d ago

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54d

#Crypto Industry Reaches Milestone With Passage of First Major #Bill

After a week of squabbling in Washington, the #cryptocurrency industry secured one of its primary legislative objectives & made progress toward a second one.

#Trump #broligarchy
https://www.nytimes.com/2025/07/17/technology/crypto-industry-milestone-legislation.html?smid=nytcore-ios-share&referringSource=articleShare

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54d

FT: "Donald Trump is preparing to open the $9tn US retirement market to cryptocurrency investments ..."

Trump is seeking to direct Americans' retirement funds to a sector in which he and his family are heavily invested.

https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170

#crypto #cryptocurrency #USpol #USpolitics

Edited 54d ago

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74d

This week's net.wars, "Revival", ponders the purported death of Bluesky and the company town potential of large companies exploring stablecoins: https://netwars.pelicancrossing.net/2025/06/27/revival/ #NetWars #SocialMedia #Crypto

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76d

Great, informative writeup of Cryptographic Gotchas: https://gotchas.salusa.dev/

Lots of fantastic references and links in there, too.

#cryptography #crypto #security #infosec

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52d

I made this QR code for my Arweave address if any crypto bros feel like supporting my work 😄

#Crypto #Arweave #Odysee

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48d

Newsletter: Crypto bills have passed the House with “2, 3, 4 o’clock” phone calls from Trump to give “a little love” to Republican holdouts, $6.9 million in crypto lobbying, and a $141 million midterm threat. The bills feature few consumer protections and destabilizing loopholes.

https://www.citationneeded.news/issue-89/

#crypto #cryptocurrency #USpolitics #USpol

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70d

Newsletter: Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat.

https://www.citationneeded.news/issue-87/

#crypto #cryptocurrency #USpolitics #USpol

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47d

Sundog, a memecoin by crypto billionaire Justin Sun, just posted a meme depicting its mascot controlling the White House. Sun has spent (or will shortly spend) a total of $213 million on Trump-connected crypto projects.

h/t @cryptadamist

#crypto #cryptocurrency #USpol #USpolitics