Tuffy

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Congrats but what
does this mean for
FinReg?
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(•ㅅ•) ||
/ 　づ”

I’m sure the notoriously level headed users of this website will react to this news in a calm, not at all insane, manner

When you really suck at stress testing:

I don't believe for one second this is unintentional. He's doing this to humiliate his aides and cabinet members and honestly it's one of his best bits. It's fucking hilarious to see these clowns clomping around in shitty, ill-fitting shoes.

SEC, CFTC Discuss Moving Into Same Building Complex (1) Wall Street’s two top regulators are discussing plans to move into the same building complex in Washington just steps from the US Capitol, according to people familiar with the matter.

The Trump administration is doing a lot of horrible things but it’s also quietly merging the SEC & CFTC, so, it;s impossible to say if its bad or not,
news.bloomberglaw.com/private-equi...

Your lips to god’s ears

Screenshot from Bloomberg Law with headline "SEC, CFTC Discuss Moving Into Same Building Complex (1)"

One closer step toward merger, eh @smtuffy.bsky.social

The fun part is that this is, more or less, by design. Like, this is the outcome the US government was hoping for

As a result, stablecoins have grown to $300 billion in market value from roughly $20 billion in 2020. The Federal Reserve estimates they could be worth $3 trillion in five years. Because stablecoins use Treasuries as the primary collateral to create this cashlike safety, cryptocurrencies have effectively flooded into the Treasury market, the central artery of the U.S.-led global financial network. Stablecoin-issuing companies, like Circle and Tether, now hold more Treasury debt than major U.S. government creditors like Saudi Arabia and South Korea. Some experts fear that the next crypto crash could cascade into major losses for the highly sensitive short-term U.S. debt markets in which Treasuries predominate. The open question for regulators, bankers and the Trump administration is whether the growing centrality of the coins carries more upside or downside risks.

What could possibly go wrong?

NYT: A Crypto Coin Is Gobbling Up U.S. Treasuries

www.nytimes.com/2026/03/08/b...

The problem with the post GFC FinReg framework is that it made the financial system to resilient, therefore removing key guardrails on government actions. In this paper I will…

If Trump did institute a draft, it would be funny to see all the people who criticized him for being being a draft dodger quickly find ways to help their friends and family dodge the draft

It’s the natural extension of a society that doesn’t believe that any amount of shared sacrifice is worth it.

It’s funny watching too online Americans do anti-European posting but wokely

Times like this is when I’m glad I haven’t owned a car since the Clinton Administration

but, hey, he did a long speech for some book content. So there’s that

I’m very surprised to find out that a very pro-crypto senator doesn’t think anyone making the median national income should pay taxes

"This probably sounds like nightmare fuel to many, but to wealthy VCs and AI and crypto entrepreneurs it’s the next gold rush." is the quote of our time

If I had a nickel for every time Franz Ferdinand was involved in the precursor events of a world war, I’d have two nickels, which isn’t a lot, but it’s weird it happened twice

<taps sign> bsky.app/profile/smtu...

That’s probably because Congress has tacitly approved these actions by rejecting attempts to rein in either of these actions.

Words to live by.

😂

Not sure if it’s because of a tight labor market or squeezed margins but all the lunch places near me are definitely running lean on staff.

Screw it, I’m calling it. It’s shorts szn,

Unanimously confirmed, btw

For no reason I’m remembering now Ireland has been dicking around with improving its LNG storage capacity for like a decade. Thankfully it’s also been pretty unserious about increasing renewable energy too.

You have to admit, the US war in Iran slamming shut the IPO window for all the tech bro Trump sycophants would be pretty funny

It’s so funny to logon and see that was a big talking point. Real forest from the trees moment