What Next: TBD | Crypto's Big Win

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 25 May 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The crypto industry poured tons of money into the last election cycle. Is the GENIUS Act, which has bipartisan support, their big payoff? Guest: Hilary Allen, professor at American University’s Washington College of Law. Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Race the rudder, raise the sails, raise the sales!
0:05.0	Captain, an unidentified ship approaching. Over.
0:07.0	Roger that. Wait, is that an enterprise sales solution?
0:13.0	Reach sales professionals, not professional sailors.
0:17.0	With LinkedIn ads, you can target the right people by industry, job title and more. To get £100 off your first campaign, go to LinkedIn.com slash lead to claim your credit. That's LinkedIn.com slash lead. Terms and conditions apply.
0:30.8	Kate's just off to work after sleeping in the best bed in the business. And my word, doesn't she look ready for anything? Something about her smile
0:39.1	is just brighter. Her eyes seem glintier and she just feels so much more katier. Of course
0:46.9	it's no surprise really because last night she slept at Premier Inn and she got up to 15%
0:52.2	off with Business Booker. Get better sleep for your money. Premier in, and she got up to 15% off with business booker.
0:55.6	Get better sleep for your money.
0:57.8	Premier Inn, rest easy.
0:59.7	T's and C's apply.
1:17.0	On Thursday night, guests at President Trump's pay. On Thursday night, guests at President Trump's pay-to-play meme coin gala were greeted by a crowd of protesters outside.
1:29.2	Former NBA player turned crypto guy, Lamar Odom posted a video of himself walking into the Trump National Golf Club in Virginia,
1:34.1	past signs saying no kings and stop the crypto corruption.
1:42.3	Odom was one of the top 220 buyers of Trump's meme coin, and because of that, he got to party with the president. So did Chinese crypto billionaire Justin Sun, who posted a video from inside the event.
1:49.0	Currently, I'm at the VIP launch, waiting for the president to come with everybody.
1:58.0	Sun was charged by the Securities and Exchange Commission in 2023 for fraud and market manipulation.
2:04.8	This fall, he invested millions in one of the president's other crypto ventures,
2:09.3	and come February, the Trump SEC asked a court to pause the lawsuit against him.
2:15.9	According to the Washington Post's analysis, Trump-affiliated businesses have gotten $312 million
2:21.6	from crypto sales and $43 million in total fees since the Trump coin debuted in January.
	...

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