Satoshi notes

Emmer, Davidson Introduce ‘SEC Stabilization Act’ to Remove Chair Gary Gensler.

June 12, 2023

Washington, D.C. — Today, House Majority Whip Tom Emmer (MN-06) joined the introduction of Rep. Warren Davidson's (OH-08) SEC Stabilization Act, fulfilling the promise to restructure the Securities and Exchange Commission and remove Gary Gensler as Chair of the SEC. This legislation takes corrective action to remove Chairman Gensler following his long series of abuses that have been permitted under the current SEC structure.

“American investors and industry deserve clear and consistent oversight, not political gamesmanship. The SEC Stabilization Act will make common-sense changes to ensure that the SEC’s priorities are with the investors they are charged to protect and not the whims of its reckless Chair. Thank you, Representative Davidson, for leading this important effort to restore sanity at the SEC,” said Emmer.

https://emmer.house.gov/press-releases?ID=F9BD4F5B-0C81-4DE5-8F65-E78B064CB060

Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit.

Laurence Fink described the debt ceiling deliberations as bad for the dollar as the Blackrock CEO predicts further interest rate hikes.

The CEO of investment management company Blackrock is not excited about the ongoing attempt to raise the US debt ceiling. CEO Laurence Fink recently spoke about the “drama” surrounding the debt ceiling increase while discussing inflation and other issues. Observers believe the ongoing situation may turn out bullish for Bitcoin.

Speaking at a financial services conference organized by Deutsche Bank, Fink rightfully predicted on Wednesday that there would be a resolution to the debt ceiling debate. However, the CEO noted that raising the debt ceiling is bad because it reduces global trust in the dollar.

https://www.coinspeaker.com/blackrock-ceo-us-debt-ceiling-bitcoin/

ONFO Coin Co-founder & Bitcoin Millionaire Found Dead.

Unanswered questions surround the mysterious death of the ONFO coin co-founder, Crypto advocate, and ER doctor Dr. John Forsyth.

The Co-founder of ONFO coin, Dr. John Forsyth, was found dead with a gunshot wound after the disappearance, as police investigate the circumstances surrounding the incident.

Crypto advocate and ER doctor Dr. John Forsyth was reported missing after he failed to appear for his shift, prompting his family to seek help through social media.

https://www.cryptotimes.io/onfo-coin-co-founder-bitcoin-millionaire-found-dead/

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns.

BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

May gray turned to June gloom on Thursday as crypto prices veered slightly into the red.

https://www.coindesk.com/markets/2023/06/01/bitcoin-lingers-under-27k-to-continue-its-may-sluggishness-amid-inflation-concerns/

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