Rep. Byron Donalds, a Florida Republican, revealed that former President Trump plans to dismantle what he calls the 'regulatory headlock' facing businesses like the crypto industry if elected. Donalds shared a plane ride with Trump and said they discussed a systematic process for replacing regulators with qualified individuals.
Former President Trump has big plans for the vast federal regulatory infrastructure, like blowing it up . That’s the word from Rep. Byron Donalds, the Republican congressman from Florida and a prominent member of the House Financial Services Committee who spoke at crypto venture capital firm BlockTower’s investor day on Wednesday. Donalds revealed that he shared a plane ride Tuesday night from Atlanta to Florida with the former president who is vying to be the next president.
This industry is going to change so fast over the next five years, and what we already know is that the regulatory agencies of Washington are not nimble enough… they do not have the experience and the knowledge of what is happening in this industry right now on a week-to-week basis, month to month basis, year to year basis," he said. "You need the players in the industry to kind of make sure that the rules are clear.
Trump Regulations Crypto Biden Gensler
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rep. Donalds' Wage Claims on Black Americans Under Trump MisleadRepublican Representative Byron Donalds asserts that wages for Black Americans and the Black-white wage gap shrank under President Trump. However, fact-checkers point out that while wages did rise under Trump, they increased at a faster rate under President Biden. Additionally, the Black-white wage gap actually widened during Trump's presidency.
Read more »
Trump could dismantle 'crypto regulatory headlock': Rep. Byron DonaldsIf former President Trump retakes the White House, he is promising to blow up the burdensome regulatory red tape that is a drag on industries such as the crypto world.
Read more »
Rep. Dan Goldman: Trump Plans to ‘Execute a Coup’ on January 6, 2025Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Exclusive — Rep. Tom Emmer Predicts Trump-Vance Victory in PA: There Are Dems Voting for TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Byron Donalds predicts swing states’ undecided voters will ‘break’ toward TrumpPolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
Rep. Grijalva announces hopes for one more term, and plans to retire afterU.S. Rep. Raúl Grijalva has announced he will retire after next potential term in a statement sent to KGUN 9.
Read more »