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ROLLUP: China's $500B Stimulus | Kamala's Pro-Crypto Pivot? | Gary Gets Grilled | EIGEN Unlock Incoming
Bankless
In the Hot Seat, A Tough Job Requires Tough Scrutiny
Public officials, particularly in regulatory roles, are often faced with intense scrutiny and challenging questions during hearings. Notable figures like Gary Gensler display awareness of who will hold them accountable and have difficult encounters with lawmakers, indicating that they operate in an environment where evasion tactics like filibustering or deflecting scrutiny are common. Commissioners who align closely with Gensler's positions, such as Caroline Crenshaw, may echo his sentiments, but the lack of substantial replies on critical questions—such as the classification of NFTs and crypto assets—frustrates legislators seeking clarity. The dynamics reveal that while officials may endure intense questioning, they balance their responses to simply survive these exchanges without providing concrete answers.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode