External Affairs @BetterMarkets | Former @IAVA | @USMC Infantry & #Afghanistan Vet | @Packers fan | #Maine native
Washington, DC
Joined April 2018
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Travis Horr retweeted
Binance, the world’s largest crypto exchange, was hit with a hack of reportedly more than $6 billion in crypto yesterday. Read our Substack, linked below, to learn more about the several policy lessons we can already confidently take away from this incident.
ALT Image of a shady hacker with the title of the Substack: Learning the Hard Way: What the Binance Hack Teaches Us About Regulation.
Travis Horr retweeted
Largest hacks in history happening yesterday both in @CFTC jurisdiction and the agency’s sole commissioner is busy suing Utah over NFL parlays.
Travis Horr retweeted
The SEC unleashing the "Innovation Exemption" represents the biggest shift in how our stock market operates in decades. See the link below to learn more about what tokenization means for you and the whole of the economy.
ALT Cover for the Substack titled "The SEC Just Unleashed the Biggest Shift in How Our Stock Market Operates in Decades."
Travis Horr retweeted
Join us online shortly for a conversation with Elizabeth Wilkins and @DennisKelleher on the state of—and future of—the economy. Link below.
ALT Image of the conference invitation.
Travis Horr retweeted
Happening now: Join us online today for informative conversations on today’s most urgent economic challenges.
Learn from the brightest minds in economic and financial policy. Hear from thought leaders bridging the academic divide. Join a community focused on building a system that works for everyone, not just the wealthy and well-connected. Register today for the State of Economic and Financial Policymaking Conference. Hybrid—virtual and live in Washington, DC. bettermarkets.org/analysis/b…
Travis Horr retweeted
I’ve interviewed more than a dozen aides involved in the effort to pass the Clarity Act since Tuesday
There’s bipartisan consensus that four things killed the bill: external politics, yes, but also a bad process, wasted time and a crypto industry that could not chill tf out
Travis Horr retweeted
Cloture not invoked, 49-50: Motion to invoke cloture on the motion to proceed to Cal. #423, H.R.3633, Clarity Act.
Travis Horr retweeted
The crypto graft is staggering and in plain sight as @washingtonsun @jstein_sun reports.
washingtonsun.com/donald-tru…
Travis Horr retweeted
In August, we stopped the Clarity Act, but when the Senate returns this week the crypto industry & their Republican flunkies in Congress will try again.
As is, this bill does nothing to stop Trump's crypto corruption or the use of crypto by bad actors.
We can't let this pass.
Travis Horr retweeted
Worth recalling back in 2025 that NRSC Chair Tim Scott (R-S.C.) thanked a crypto conference for “getting rid of Sherrod Brown” when they helped elect Sen. Bernie Moreno (R-Ohio).
Travis Horr retweeted
The Clarity Act has a Republican problem, thanks to weeks of fierce lobbying from an army of small, state-based banks.
I asked Sen. Mike Rounds (R-S.D.) what made bankers’ appeal so strong. “They know us,” Rounds said. “Each of us knows those people personally.”
Travis Horr retweeted
🧵I'm gonna try to make sense of what is happening with the Senate and Clarity Act as of this PM. The bill is *not dead yet* and a vote before recess remains possible.
1) Thune hasn't filed cloture. Without that, no vote. The Senate is supposed to leave tomorrow, Aug 7. But...
Travis Horr retweeted
Read the latest issue of the Better Markets Beat, out now. bettermarkets.org/newsroom/b…
Travis Horr retweeted
NEWS: The Clarity Act’s Republican problem is growing. Sens. Rounds (SD) and Lankford (Okla) told me today they've got outstanding worries with Clarity. The issue is stablecoin yield.
That makes as many as 5 GOP holdouts, *not* including GENIUS Nos (Paul, Hawley). Not great!
Travis Horr retweeted
Gigantic news from @BrendanPedersen
Clarity Act problems are growing
Travis Horr retweeted
👀 Majority Leader THUNE told reporters the Clarity Act likely won't pass the Senate before August. Asked about Clarity and NIL before recess, Thune said:
"I don’t think we’ll be able to get them done. I would like to at least get Clarity started. We’ll see where the votes are."
Travis Horr retweeted
🚨NEW: The @USHCC, which says it represents millions of Hispanic-owned businesses across the U.S., sent a letter to Senate leaders this week saying it shares community banks’ concerns that the Clarity Act could accelerate deposit flight. The group argues the bill would reduce lending to Hispanic-owned small businesses and weaken investment in underserved communities.
Travis Horr retweeted
News in AM: It’s not clear the Clarity Act has 50 votes in the Senate, let alone 60. GOP has problems.
Curtis (R-Utah) and Cornyn (R-Texas) told me last night they share banks’ concerns about deposit flight. Cassidy (R-La.) said he “might” have concerns. Tillis a “no” on ethics
Travis Horr retweeted
Quick analysis of the laughable "ethics" language in this draft:
- POTUS can continue to profit from his existing crypto ventures
- He has a year plus to put his crypto ownership interests in a blind trust
- No restrictions on earning trading fee income or reserve asset income
Busy day on Capitol Hill! Tune in soon to listen to @BetterMarkets Academic Advisory Board Co-Chair @ProfKateJudge give testimony on Federal Home Loan Bank (FHLB) System in @USHouseFSC: financialservices.house.gov/…
