Federal Housing Finance Agency Director William Pulte: “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage” 

Notably, at this point they are merely directed to “prepare a proposal for consideration”.

Also notable: “Each Enterprise is directed to consider only cryptocurrency assets that can be evidenced and stored on a U.S.-regulated centralized exchange”.

this polymarket market tells a story

Less than a week ago Schiff voted for the GENIUS Act crypto bill, which Trump has urged Congress to pass.

Quid pro quo between cryptocurrency firms, the Trump administration, and the Trump family’s crypto ventures.

Follow the Crypto

GENIUS Act (stablecoin bill) has passed the Senate.

Here's the breakdown of the 68-30 vote on the GENIUS Act. Same 16 Democrats who voted yea in the previous cloture vote except for Blunt Rochester (DE), and new yea votes from Hickenlooper (CO), Kim (NJ), and Warnock (GA).

All Republicans supported, except for Hawley (MO) and Paul (KY) who voted against and Cotton (AR) who didn't vote.

All Dem yeas: Alsobrooks (MD), Booker (NJ), Cortez Masto (NV), Fetterman (PA), Gallego (AZ), Gillibrand (NY), Hassan (NH), Heinrich (NM), Hickenlooper (CO), Kim (NJ), Lujan (NM), Ossoff (GA), Padilla (CA), Rosen (NV), Schiff (CA), Slotkin (MI), Warner (VA), and Warnock (GA)

A couple people responded to my earlier post about the shoddy WSJ article to say “well it’s true that Democrats aren’t supporting the protests!”

At my best count, 80 elected Democrats (Congresspeople, governors) attended protests today. Another 25 encouraged people to go.

That’s just looking at today’s protests, not Democrats talking about or attending protests more generally. It also doesn’t count the many more state or local officials who showed up, candidates, etc.

The TrumpWallet​.com website, which was previously hosting a waitlist sign-up for the Trump wallet project, has just gone offline.

This is less than an hour after Bloomberg reported that the World Liberty Financial project sent a cease and desist to both the memecoin project and Magic Eden.

Representative Raskin cited my analysis in his letter investigating Trump’s memecoin dinner

The GENIUS Act stablecoin bill has stalled in the Senate with key Democrats — including some of its early co-sponsors — voting against it. Democratic opposition increased after Trump’s World Liberty Financial cryptocurrency platform released its own stablecoin, allowing the president to profit from transactions including a $2 billion deal between the Emirati state-owned investment firm and the Binance crypto platform.

Senators who voted against the bill include Ruben Gallego (AZ), Mark Warner (VA), Lisa Blunt Rochester (DE), Andy Kim (NJ), Kirsten Gillibrand (NY), and Angela Alsobrooks (MD). Gallego was one of the top recipients of crypto industry campaign funds in 2024, receiving $10 million in crypto super PAC backing.

A trader bought 6,000 $TRUMP on April 21, two days before the announcement that top holders would be invited to dinner with the president. They sold it a few hours after the announcement two days later caused the token price to go up, earning $33k on the trade. Impressive timing!

They had traded the Trump token a bit for the first few days after it launched in January, then apparently lost interest until suddenly rediscovering it on April 21.

At the moment they still hold 9,130 TRUMP, so as of now they’ll be joining Trump at the dinner in a few weeks.

They regularly transfer funds from Bybit, suggesting they are not based in the US.