David
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Appearances Over Time
Podcast Appearances
So it got pushed to the last week of January because Senate leaders realized that they did not yet have a bipartisan coalition on getting it done.
So both of these things have been postponed.
Why did, Ryan, the Senate Ag Committee postpone their markup, which was supposed to happen today?
Senate banking, you mean?
Senate banking?
What did I say?
Yeah, Senate banking.
Yeah, Coinbase withdrew their support.
Do all of the bad things.
It's impressive.
Yeah, I mean, major voice, major funder.
And so when Coinbase withdraws their support, like, what does that mean for Coinbase to withdraw their support?
They're not a senator.
They don't have involvement here.
They just kind of fund everyone, which is a very big deal.
So I'm assuming the support of Coinbase is highly related to the hundreds of millions of dollars that they pumped into the campaign last cycle.
Interestingly, Neeraj from Coincenter tweeted out, actually, this bill's pretty good.
and kind of voice out some support from the bill.
So there's a mixed response from the crypto industry about their stance on the Clarity Act as it stands.
I think, here's my interpretation of what's going on, Brian Armstrong and Coinbase are definitely focused on the economic side of the Clarity Act.