Politicians of various stripes spoke at the Salt Wyoming conference this week in Jackson Hole, Wyoming.
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The story
Congress is still on vacation, but decision makers wandered up to Jackson Hole, Wyoming to talk to the crypto industry – largely praise it or say how they expect the legislation to move forward. Here are some clips of what they said, with the permission of Coindesk’s Helene Braun and others.
Why it matters
The industry has seen a lot of progress with cryptopolitical priorities this year. Legislators’ comments suggest what the last four months of 2025 can look like and how we can expect federal regulators.
Breaks down it
“I think we have between 12 and 18 Democrats at least open to vote for the market structure.” – Senate’s bank committee chairman Tim Scott
“We want it on the president’s desk before Thanksgiving.” – Senator Cynthia Lummis on Market Structure Legislation
“Imagine looking at public equity all the transactions that go in and out of that company and how much information gives you.” – Franklin Templeton CEO Jenny Johnson
“We need a clear, strategic legislative framework that will facilitate the adoption of new technology, acknowledging that in some cases it may be inadequate and inappropriate to use existing legislative guidance to tackle new tech.” – Federal Reserve Vice President of Supervisory Michelle Bowman
“There is nothing to be afraid of when thinking about smart contracts, tokenization or distributed headbooks.” – Federal Reserve Board Governor Chris Waller
“It’s no secret that my side of a time prefers not to see any sitting president – I will not name one – join this market while a sitting president unless these assets are in a sealed confidence.” – Rep. Angie Craig, ranking member of House Agriculture Committee
- Congress remains on a break and no legislative agency is holding an event this week.
- (Cnbc) Goldman Sachs expects US consumers to pay for the tariffs that US President Donald Trump imposed on most countries trading with the United States a few days after the previous article, Sony announced that it would raise the price of PlayStation 5 consoles in the United States
- (Electronic Frontier Foundation) Wyoming and South Dakota have adopted strict laws that require sites to verify users’ ages if they host “any sexual content”, including “a wide range of non-pornographic content, including classical literature and art.”
- (The Wall Street Journal) Despite Elon Musk’s public statements about the founding of a new political party, he is backtracking and is instead considering supporting Vice President JD Vance and other Republicans, the journal reported.
If you have thoughts or questions about what to discuss next week or any other feedback you would like to share, feel free to e -mail me at [email protected] or find me at bluesky @nikhileshde.bsky.social.
You can also participate in the group interview at Telegram.
See you next week!
