💨 Abstract

Jay Clayton, a former top Wall Street regulator, predicts that Congress will pass legislation governing cryptocurrencies during President-elect Donald Trump's term. Clayton, who is a potential political appointee, also supports easing regulations to encourage companies to go public and has criticized regulations requiring climate transition cost disclosures. He indicated he might join the Trump administration if asked for a role where he could be effective.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖