Joining us now is Democratic Congressman Ro Connor of California. He is a member of the House Oversight Committee. And Congressman Connor, you have made history in so many ways today in the House of Representatives with a discharge petition, something that almost never works, not only works, but basically a unanimous vote forcing the speaker who was suppressing your discharge petition for months to actually then vote for it.Uh, where do you want to begin on the history made today. >> Well, Lawrence, against ...

With just two days left to fund the government, President Trump is playing the blame game. In a new memo this week, Trump slammed Democrats for blocking the GOP's short-term funding bill and threatened to fire thousands of federal workers if the government shuts down on October 1st. Before the clock runs out, Trump will meet with the top four congressional leaders, Senate Majority Leader John Thun, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson, and House Minority Leader Hakee Jeff tomorro ...

Regulatory Landscape & Legislation - The Genius Act is poised to become law, marking the first regulatory framework for a segment of the crypto industry to be signed into law [2] - The Clarity Act is also considered incredibly important and is moving to the Senate [3] - Both the Genius Act and the Clarity Act received significant bipartisan support, with 308 and 294 positive votes respectively [3] Market Growth & Predictions - The stablecoin industry, currently valued at $250 billion, is predicted to grow to $2 trillion by 2028 [4][6] - This growth is expected despite a previously hostile regulatory environment, with much of the activity occurring overseas [5] Industry Impact & Opportunities - The new regulatory framework is expected to encourage traditional finance and payments companies to explore stablecoin solutions [6] - Major banks and payments companies are showing interest in stablecoins [7] - Blockchains like Solana offer fast financial rails for trading and settling transactions using stablecoins [10] Consumer Adoption & Considerations - Interoperability of stablecoins is considered very important [9] - User-friendly and convenient solutions are crucial for successful consumer adoption [11]