About this episode
Washington takes center stage this week as crypto collides with power, policy, and markets. Ryan and David break down the CLARITY Act fight in the Senate, why banks want to kill stablecoin yield, and why Coinbase says the bill may be worse than no bill at all. They also unpack Trump’s DOJ targeting Jerome Powell and what it means for Fed independence, silver’s explosive move as markets search for safety, X’s push toward becoming a crypto super app, and the NYC mayor’s meme coin disaster. Plus: Tom Lee’s surprising MrBeast investment and what it signals about capital, culture, and crypto’s next phase.---?ZAMA | $ZAMA PUBLIC AUCTION https://bankless.cc/zama-auction---BANKLESS SPONSOR TOOLS:?POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast?BITGET TRADFI | TRADE GOLD WITH USDThttps://bankless.cc/bitget?BANKLESS PREMIUM | AD-FREE & BONUS EPISODEShttps://bankless.cc/spotify-premium?THE DEFI REPORT | ONCHAIN INSIGHTShttps://bankless.cc/TDR-pro?ICO WATCH | UPCOMING PUBLIC TOKEN SALEShttps://bankless.cc/ico-watch---TIMESTAMPS & RESOURCES0:00 Intro2:25 DOJ opened an investigation into Jerome Powellhttps://x.com/federalreserve/status/2010510130970849338 https://x.com/federalreserve/status/2010510130970849338https://x.com/LynAldenContact/status/2010526966953202125https://www.reuters.com/legal/government/powell-probe-highlights-trump-doj-role-white-house-enforcer-2026-01-14/https://polymarket.com/event/jerome-powell-out-as-fed-chair-by10:44 Marketshttps://x.com/JesseCohenInv/status/2011311082896572766https://www.coinnews.net/2025/01/09/american-silver-eagle-series-welcomes-2025-w-proof-edition/https://www.google.com/finance/beta/quote/GLD:NYSEA
