(The National Pulse)—The U.S. Securities and Exchange Commission (SEC) will implement sweeping changes to its regulatory approach regarding cryptocurrency after President-elect Donald J. Trump is inaugurated next Monday. It is believed Republicans on the Commission will swiftly move to lay the groundwork for regulatory changes ahead of the confirmation of Paul Atkins, Trump’s nominee to serve as chairman of the SEC.
Atkins is slated to replace the current SEC chairman and cryptocurrency opponent, Gary Gensler, who announced his intention to step down once Trump is sworn in. Additionally, Commissioners Hester Peirce and Mark Uyeda, known for their pro-cryptocurrency stance, are anticipated to play key roles in reshaping SEC policies. Both have a history of working with Atkins at the SEC in the early 2000s and are expected to hold a majority among the politically appointed commissioners.
Transition discussions reportedly include guidance on what instances cryptocurrencies should be classified as securities. The approach under Gensler saw the SEC pursuing enforcement actions against at least 83 crypto-related initiatives, including lawsuits against companies like Kraken and Coinbase. The Commission maintained that many crypto tokens function as securities and should fall under SEC regulations.
After Trump’s inauguration, the agency is expected to re-evaluate ongoing court cases, possibly halting or withdrawing actions that don’t involve fraud. The legal and regulatory review would mark a significant policy shift, as some defendants have argued that cryptocurrencies should be treated as commodities rather than securities.
Further, Peirce and Uyeda are believed to be drafting new regulatory guidelines and will seek input from industry stakeholders and the general public. As the Trump administration prioritizes crypto policy, Trump is anticipated to issue related executive orders on his first day in office—possibly establishing a strategic Bitcoin reserve.
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
But even as it seems nearly impossible to make a living, there are blessings that should not be disregarded. By highlighting strong sponsors who share our America First worldview, we have been able to make lifelong connections and even a bit of revenue to help us along. This is why we enjoy symbiotic relationships with companies like MyPillow, Jase Medical, and Promised Grounds. We help them with our recommendations and they reward us with money when our audience buys from them.
The same can be said about our preparedness sponsor, Prepper All-Naturals. Their long-term storage beef has a 25-year shelf life and is made with one ingredient: All-American Beef.
Even our faith-driven precious metals sponsor helps us tremendously while also helping Americans protect their life’s savings. We are blessed to work with them.
Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
JD Rucker