I learned today that Congress has the power to ban government agencies from spending money on specific things. The omnibus spending bill for FY 2023 (one of the few pieces of legislation that has a chance of passing this year) includes provisions
that prevent the @SECGov from using funds made available from appropriations to implement amendments made to Federal proxy voting rules. If Congress is really concerned about the SEC's
regulation by enforcement approach to #crypto, why don't they add a provision that would prevent the agency from bringing cases without a clear regulatory framework in place?

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More from @EleanorTerrett

Sep 27
🚨BREAKING SCOOP: I have received a copy of Bill Hinman's public calendar covering his entire tenure while at the @SECGov. It's extensive, 189 pages worth, of which I am still combing through but here are some standouts:
Wednesday, March 28th @ 11:00AM: Hinman has a scheduled meeting with Scott Kupor, managing partner of @a16z

Thursday, March 29th @ 12:30PM: Hinman had a scheduled meeting with @ConsenSys and SEC Corporation Finance official Amy Starr
Friday, April 6th @ 1:00PM: Hinman had a scheduled meeting titled: Call/mtg re: ETH

Thursday, April12th @ 4:30PM: A meeting scheduled titled "ether"

Monday, April 23rd @ 5:00PM: A scheduled meeting with @ethereumJoseph
Read 5 tweets
May 15
Regarding @SECGov vs. @Ripple, I think I'm pretty much up to speed now. My biggest takeaways:

1. The whole commission except Clayton was left off the 68 drafts of the Hinman speech. @CGasparino and I reported that Clayton actually gave input on the speech before delivery.
2. The ethics counsel (Minton/Serrano) who warned Hinman about his financial conflict of interest with matters regarding STB was also left off the email distribution list.

3. Tamara Brightwell WAS on the email list. At the time Brightwell was Deputy Chief Counsel in the Division
of Corporation Finance’s Office of Chief Counsel. According to documents obtained by @EMPOWR_us, Hinman deferred to her on screening for any conflicts of interest that might involve STB or any of his other past connections. I reached out to Brightwell to confirm she reviewed
Read 6 tweets

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