Watching the recent congressional hearing with Gary Gensler was nothing short of intense. The frustration and criticism from lawmakers were palpable, with some even likening him to the “Tonya Harding of securities regulation.” The SEC’s failure to approve spot Bitcoin ETFs and their vague stance on crypto regulation were front and center. It’s encouraging to see bipartisan efforts to hold the SEC accountable, but it’s disheartening to witness the politicization of crypto in Congress. Still, it’s clear that the crypto community’s concerns are finally being voiced at the highest levels. While change may not happen overnight, this scrutiny and the ongoing legal battles may eventually bring much-needed clarity and progress to the crypto space. Your thoughts on this matter are essential, so please share them in the comments below. Don’t forget to subscribe and like if you found this analysis insightful.
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=408983
Intro 00:00
Tom Emmer goes after Gary 00:20
Republicans send letter to Gary Gensler 1:00
“Tonya Harding of regulation” 1:30
Congressional subpoena to Gary?! 2:40
Is a Pokemon card a security? 4:00
Bitcoin ETF approval? 5:35
“Bitcom” is politicized 7:50
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44 Comments
Good clip, thanks. Emmer nailed it. Gensler IS TradFi … and TradFi is waiting for a Black Swan to reprice everything.
It looking so good Gary.😂
Gary must go. Even if he doesn't want.
Gary is being criticized by congress on losing so many cases, sued by multiple crypto companies and now threatened subpoena!
This isn't a mistake or negligence. There are clearly bigger players controlling Gary against the will of the people, congress, the SEC itself and every upcoming Presidential candidate.
This will end, but only when the big players are ready or Gary is removed.
I can’t use Kucoin to invest I live in Wisconsin and can’t stake on Coinbase anymore I feel so protected.
While these hearings almost always make good political theater, I really would like to hear questions answered in full, without interruption.
All just empty words and theatre for people why is still in position?😂🤔
Tanya Harding. Now that's funny.
This guy comments like he was there or like he isin the hotseat
No one got crasjed, he dont care. His job is to wreck lambo boiz and he exactly douing it for months with huge succes. This clown show changes nothing. Congress are the real clowns fishing for visibility before elections.
I think if Gary keeps taking big L’s and small wins and once blockrock and the rest of the big monies are ready he’ll be gone. Then depending on what is said in the SBF trail even if not pertained to the trial if he slips up something people will notice.
Plus Gary on interviews has become more slow and more chosen with his word use. He’s not so free to speak I would say.
So me personally, I can see him out around the new year especially if Bidens power is pretty much gone for the re-election year. Zero shot he can keep gas low using our oil reserves.
I'm considering running for congress, these people are morons.
Nothing still done Gary still going to do what he wants
Finally the people are starting to have a voice, and these elite dummies and grifters can’t stand it.
Dan if you think that Gensler gives even half a f**k about what some congressman thinks you are kidding yourself lol. 😂
He’s safe until the next administration which is 15 months away. Republicans – while they have a point – they are just grandstanding to build a case against the Dems.
Means nothing anyway – contracting liquidity = contracting crypto 😂
Good hes a kesarian jew he us not fir ys . Piece of crap leadership. Sec is a ponzi
Like a wrote before BTC ETF will be aproved in march 2024. Till this moment nothung will change.
The Sad (funny) part was the Dems using this opportunity to say over and over again how bad those mean Ultra MAGA Republicans are going to shut down government and then Gary can't do his job. Or belched out the Climate change agenda like the SEC has anything to do with it. Gary even said he wasn't the EPA. The bright spot was the Republicans who were standing up to him and even threatening him with a subpoena. It's my opinion Gary will never approve a Spot ETF. Congress must step in and change how the SEC works.
You should’ve shown the clip where Maxine Waters blows SBF a kiss in court
Nice to hear them use our vocabulary to express how we feel the frustrations we have
Thanks brother I love your super calm approach to crypto it seems to be helping me deal with the market less emotionally!
Wow The “S” word was used every prosecutors dream word bro Gary is a lame 65yr old virgin…
VERY INTERESTING!
I watched the entire hearing live Gary beat around the bush like usual but he got blasted
It’s shame they are ok with the millions of families that are about be homeless and starving because of their economic blunders for the last decades
The Bar Association L❤VES Gensler! …..MORE billable hours!!!
SEC delays Bitcoin ETFs for 10 years now, but still hasn't made any progress in regulation
Why is congress waiting on SEC approval? I don't understand how they can't pass this on their own. Congress is the SEC's boss. Lol
He being grilled but he’s the one really winning. Still gonna do what he does till he gets replaced. Thank God for Judge Torres or xrp would be screwed
Congress empty threats. Even a subpoena. So what. Just more grilling.
Just get him the F out of there
Barrier isn’t Jerome or halvining it’s Gary. He has to go
He speaks the same as Janet Yellen. Like they are stalling
LOLOLOL The Tonya Harding…………… LOL
It's intriguing how this clown embraces a paper Pokémon card but hesitates when faced with its digital equivalent. Anyone who knows about Pokémon cards knows you can make a profit from a physical car just as much as you can make money of a digital one, if one existed.
World Mobile looking good 😎
Thanks mate. More absolute nonsense from Incompetent Cop on the beat Gary 'noncompliant' Gensler Security security.
I certainly wouldn't shed a tear if Gary Gensler got kneecapped hahaha.
I am still waiting for that 20k bitcoin
Yea we will next year when Republicans are in office
Of course it will happen. Eventually all of the fossils will be gone and crypto will get clear regulation. The mere fact that congress is having hearings is showing that there is progress being made. We are still early.
We do that which we do, which is doo doo
These are Words Only.
No ….Never….Too Much "Dark Energy" in opposition to allowing us "peons" to take control of our own financial destiny…. Soooooo Sad