Carol Roth
👤 PersonAppearances Over Time
Podcast Appearances
Or we could jump it off and pay down our debt and not have an interest that exceeds our debt.
I would just say, you know, based on his announcement, he had said that he wants to elevate the industry, which is, again, a weird thing to say when we're talking about things that should benefit Americans. It wasn't sort of clear how that ties into the elevating the industry. But I do think what is happening.
I would just say, you know, based on his announcement, he had said that he wants to elevate the industry, which is, again, a weird thing to say when we're talking about things that should benefit Americans. It wasn't sort of clear how that ties into the elevating the industry. But I do think what is happening.
I would just say, you know, based on his announcement, he had said that he wants to elevate the industry, which is, again, a weird thing to say when we're talking about things that should benefit Americans. It wasn't sort of clear how that ties into the elevating the industry. But I do think what is happening.
If there's any good point from a crypto fan standpoint, that they're saying that at least he's going to bring some legitimacy to the industry and not persecute it the way the Biden administration has. So maybe there's some clarity on rulemaking and whatnot. And I think that's all positive.
If there's any good point from a crypto fan standpoint, that they're saying that at least he's going to bring some legitimacy to the industry and not persecute it the way the Biden administration has. So maybe there's some clarity on rulemaking and whatnot. And I think that's all positive.
If there's any good point from a crypto fan standpoint, that they're saying that at least he's going to bring some legitimacy to the industry and not persecute it the way the Biden administration has. So maybe there's some clarity on rulemaking and whatnot. And I think that's all positive.
But when we start getting into strategic reserves, when we're running wartime deficit, you know, again, my head starts to spin a little.
But when we start getting into strategic reserves, when we're running wartime deficit, you know, again, my head starts to spin a little.
But when we start getting into strategic reserves, when we're running wartime deficit, you know, again, my head starts to spin a little.
Almost. So this is a huge victory.
Almost. So this is a huge victory.
Almost. So this is a huge victory.
This is a huge victory. I want to thank you, Glenn, because, you know, we've been talking about this for almost a year. You've led a huge platform and fight for this. Your audience has been very active in this fight. So this is that, like you said, the CTA BOI rule that was making small businesses have to register as financial criminals or face jail times and massive penalties.
This is a huge victory. I want to thank you, Glenn, because, you know, we've been talking about this for almost a year. You've led a huge platform and fight for this. Your audience has been very active in this fight. So this is that, like you said, the CTA BOI rule that was making small businesses have to register as financial criminals or face jail times and massive penalties.
This is a huge victory. I want to thank you, Glenn, because, you know, we've been talking about this for almost a year. You've led a huge platform and fight for this. Your audience has been very active in this fight. So this is that, like you said, the CTA BOI rule that was making small businesses have to register as financial criminals or face jail times and massive penalties.
We've been working so hard to try to get this taken away or at least, you know, put to bed in some manner. So last Thursday, the 27th, Treasury came out and said, we are not going to penalize you if you we're not going to enforce penalties. And we're going to try to narrow the scope because we don't think this is fair for small business.
We've been working so hard to try to get this taken away or at least, you know, put to bed in some manner. So last Thursday, the 27th, Treasury came out and said, we are not going to penalize you if you we're not going to enforce penalties. And we're going to try to narrow the scope because we don't think this is fair for small business.
We've been working so hard to try to get this taken away or at least, you know, put to bed in some manner. So last Thursday, the 27th, Treasury came out and said, we are not going to penalize you if you we're not going to enforce penalties. And we're going to try to narrow the scope because we don't think this is fair for small business.
And then on Sunday, they put out a press release saying, OK, we are not for anybody who is a U.S. citizen or a domestic reporting entity. So a domestic company, you do not have to do this. So this is a huge win now. Yeah, huge win. However. We need this codified still. We need Congress to codify and follow Treasury's lead, or we need the courts to win because we know what happens.