Person
Republican U.S. senator from North Carolina since 2015 and former speaker of the state House. He sits on the Senate Banking Committee.
Sen. Thom Tillis questions whether Trump can legally waive sanctions on Russian diesel with the midterm elections due next month. Cryptopolitan reports that analysts do not foresee an enduring price drop from it.
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Anduril co-founder Palmer Luckey wrote on X that executions should be "public and brutal," backing Hegseth's plan to livestream Nidal Hasan's execution. House Speaker Mike Johnson and Sen. Thom Tillis, both Republicans, have criticized that plan.
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Six senators, four Republicans and two Democrats, demanded Sunday that Trump reverse a Russian diesel deal that starts at more than 300,000 tons. They say it skipped the consultation statute requires, and energy experts expect little relief at the pump.
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Fairshake is backing 32 House incumbents who voted for the CLARITY Act after a 49-50 Senate cloture vote left the bill 11 short of the 60 it needed. The money defends votes already cast in a House that passed the bill in July 2025, while the Senate path still needs Democrats.
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The Senate blocked the Clarity Act 49-50 on Tuesday. By Thursday the SEC had published a tokenized-stock exemption its chairman tied to that defeat, on terms a future chairman can withdraw without a vote.
Perspective Coverage
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Crypto's 635-page Clarity Act stalled in the Senate with no realistic path back before year-end, Cato's Ryan Chan-Wei wrote. He blames an ethics dispute over conflicts at the highest levels of government, and that dispute will meet whatever bill the next Congress writes.
Perspective Coverage
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Republicans hold $1 billion to Democrats' $579 million, but Trump-aligned groups booking in September sometimes pay over five times earlier rates. At those prices the cash lead buys less airtime than its size suggests, though the record cannot say how much less nationally.
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Republican senators are resisting Defense Secretary Pete Hegseth's $1.5 trillion Pentagon request for next year. The fight is on course to run past the election, and an administration official says munitions restocking and war repairs would go unfunded while it lasts.
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Donald Trump is weighing a diesel export ban as average prices top $6.50 a gallon, and legal experts say emergency law lets him impose it alone. European diesel costs have already risen on the talk, so for energy investors the ban is a political risk that Congress cannot vote down.
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The CFTC sent a crypto rulemaking to the White House the same day, both agencies working from authority they already hold. A bipartisan group of state attorneys general is arguing the states should keep theirs.
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A 49-50 cloture vote left the crypto market-structure bill short of the 60 needed to open debate, so the SEC/CFTC jurisdictional split it would have created stays unwritten. Roadmaps dated against it now wait on a motion that failed its first vote.
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The Senate voted 50-49 against the Clarity Act on September 15, so the federal digital-asset framework stays unwritten. The fight that sank it was over ethics language tied to the president's own crypto holdings.
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The Senate's 49-50 cloture vote leaves the question of when a token is a security inside SEC and CFTC rulemaking. Institutions weighing capital commitments now underwrite rules a future agency can rewrite.
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Cloture on H.R. 3633 failed 49-50 on Sept. 15 with every yes vote Republican. Add the four Republican noes back to the yes column and the count reaches 53, still seven short of the 60 the Senate requires.
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An American Banker column uses FDIC figures on 4.6% deposit growth and 5.1% loan growth since the GENIUS Act to argue that trade groups have the deposit-flight story backwards. The series runs one year.
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Patrick Witt wants Democrats on the market structure bill by Sept. 15, and the fallback he describes if they refuse is rulemaking bounded by the authority the SEC and CFTC already have, an approach that depends on agency leadership the White House has not yet named.
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Crypto teams have spent a year planning around a federal token rulebook that Polymarket now prices near 14%. The blocker is a provision about the president's family business, and no trade association can redraft its way past that.
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Democrats need a net four seats to take the chamber. The variable that bites banks sooner is who inherits the Banking Committee slots that Sherrod Brown, Andy Barr and Roy Cooper are chasing.
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The SEC proposed exempt-offering caps, the CFTC threatened to write its own regime, and Trump asked for a Clarity Act he can sign. The US rulebook gets drafted either way.
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