Ripple and Cardano together on any matter is Retails ultimate dream.Charles Hoskinson (@IOHK_Charles):Great meeting today. XRP nation, the ripple folks did really well as did A16Z. Lot more work to do, but great progress is being made on bipartisan legislation being passed this year ...

UK FCA Seeks Feedback on Crypto Standards Ahead of 2026 Legislation Rollout► https://t.co/id4ZVaZULJ https://t.co/id4ZVaZULJ ...

Legislation & Policy - The House voted to toughen penalties for young criminal offenders in the District of Columbia [1] - The move aims to bypass local officials [1] - President Trump threatens to extend his crackdown on the nation's capital [1]

Tax Policy & Public Opinion - The Trump administration is considering rebranding its tax legislation, previously known as the "big, beautiful bill," due to its unpopularity and lack of public understanding [1][2][4] - The legislation includes tax cuts for the middle class and jobs, with no tax on tips, social security, or overtime [2] - Despite the administration's efforts, the tax provisions primarily extend existing benefits and may lead to millions losing Medicaid coverage, fueling Democratic criticism [6] - Public sentiment towards the legislation remains negative, with constituents expressing anger and concern at town halls [7][9][10] Judiciary & Executive Branch - A federal judge, a Trump appointee, dismissed a lawsuit filed by the Trump administration against federal judges in Maryland, deeming it an unprecedented and inappropriate attack on the judiciary [12][14] - The judge warned that siding with Trump would undermine the checks and balances system in the United States [14] - The judiciary is facing pressure from the executive branch, with concerns raised about the administration's efforts to diminish its power [13][15] - The administration's actions, including defying court orders and insulting judges, are seen as a threat to the constitutional system of checks and balances [17][18]

Safety Concerns & Regulatory Response - Camp Mystic flood incident resulted in 27 girls' deaths, highlighting potential negligence [1] - Parents allege camp officials were unprepared and ignored safety protocols [1] - New legislation proposed to bar licenses for camps in flood plains and mandate evacuation drills [2] - Camp Mystic states they support legislation to make camps safer [4] Impact & Accountability - Parents express feeling of betrayal and loss due to the incident [1][2] - Focus on preventing future tragedies and ensuring child safety [3][4] - Demands for accountability and changes in camp safety regulations [1][3]

Legislation & Taxation - New York lawmakers propose a 0.2% tax on digital asset sales or transfers [1] - The proposed law, if passed, would take effect on September 1 [1] Revenue Allocation - Revenue from the tax would fund school substance abuse programs [1]

Political Dynamics - Republican lawmakers are increasingly voting for legislation they openly criticize, indicating a growing trend within the party [1][2][3] - Fear of political repercussions from President Trump influences Republican lawmakers' voting decisions [4] - Republican Congressman Thomas Massie faced a Trump-backed primary challenge after voting against President Trump's mega bill [4] Legislative Actions - Lawmakers sometimes introduce bills to undo policies they initially voted for [2] - Some members express desires to modify aspects of bills, such as Medicaid cuts or gamblers tax, after the vote [2] - The contrast between lawmakers' complaints and their ultimate votes on legislation has intensified [3]

Regulatory Landscape - The last major financial regulation bill was passed 15 years ago, indicating a significant gap in financial regulation updates [1] - The GENIUS Act is expected to establish the US as a leader in innovative financial technology, specifically stablecoins [1] Political Support - Bipartisan leaders supported the GENIUS Act, suggesting broad political consensus on the importance of financial technology innovation [2]

Crypto Legislation & Regulation - The US House of Representatives is set to vote on three bills: the Genius Act (regulating Stablecoins), the Clarity Act (market structure legislation), and a bill on central bank digital currencies [3] - The Genius Act is expected to be signed into law by the President, marking the first new federal regulatory framework for crypto in the US [3][4] - The industry views this legislation as a sign that crypto technology is here to stay and has the backing of the US government [4] - The Solana Policy Institute is satisfied with the Genius Act, believing it balances customer protections with the need for innovation and certainty for builders in the crypto space [12][13] - Market structure issues are still under debate, suggesting potential for future legislative adjustments [14] Impact on Traditional Finance - CEOs of major banks like JP Morgan, Bank of America, and Citigroup acknowledge the digital dollar and its potential threat to traditional banking [5] - These financial institutions are also exploring entering the stablecoin industry [6] - The legislation is expected to spur innovation across various sectors, benefiting the US economy [7] - Crypto rails, such as Solana, are seen as beneficial for recording transactions and facilitating timely global payments, potentially upgrading the existing financial system and lowering costs [7] Industry Perspective - The passage of this legislation is considered a significant milestone for crypto advocacy, representing a major step forward for the American financial services system [9][10] - The industry believes the legislation will benefit all Americans by modernizing the financial system [11]

You hate, if I could say that, some pieces of this bill, but you voted for it. Got to take the wins that you can. For me, getting RCA passed, getting healthc care expanded in Missouri for these survivors. This is this is a multi-year journey, and this was the chance to do it. Listen, legislation, some parts you like, some parts you don't like. That's just part of the deal. You know, we've taken a first step again for my state, increase funding over the next few years. After that, we've got work to do to mak ...