Hermine Wong (ex-SEC, ex-Coinbase): Clarity Act 44-77% Middlemen, 2-4% Actual Tech | Ep 572
Good now revolutionaries— the show that has been beating the Clarity Act drum for months finally gets the primary source on the mic. Hermine Wong (ex-SEC 2012-2019, ex-Coinbase, current Berkeley Law lecturer) is running the best objective explainer series on the bill anywhere on the internet. On cloture-vote day (2:15pm ET), she walks through what the vote actually is (voting to open floor debate — not voting on the bill), why cloture only exists as a procedure because Republicans don't fully control the Senate, and why death-by-amendment plus October recess plus the Farm Bill and Defense…
The skinny
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