Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd

The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (1) |
Author: ges ✧❂🐝 HONORARY
SHREWD   😊 😞
Number: of 84361 
Subject: So much corruption!
Date: 03/20/25 8:53 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
Getting mighty swampy around the Trump/Musk Whitehouse.

SEC Drops Case Against Crypto Firm With Ties to Trump

What Happened: The Securities and Exchange Commission has quietly dropped its case against Ripple Labs, a cryptocurrency firm whose CEO, Brad Garlinghouse, has close ties to Trump. The SEC had sued Ripple for raising $1.4 billion through unregistered securities but abandoned its appeal just weeks after Garlinghouse attended Trump’s White House crypto summit. Ripple also donated $5 million to Trump’s inaugural committee.

Why It Matters: Pure corruption. Trump’s SEC is letting allies off the hook while gutting financial regulation. Ripple dodges a $125M fine, Garlinghouse praises Trump, and the message is clear—justice is for sale.

Source: ABC News

abcnews.go.com - SEC drops case crypto firm ties trump CEO

Brad Garlinghouse, the CEO of Ripple Labs, said on the social media platform X that the case against his company "has ended."

"Today is a victory -- and a long overdue surrender by the SEC," he said.

An SEC spokesperson declined to comment to ABC News.

The move, which was not confirmed by the SEC, prevents Ripple from potentially facing a $125 million fine -- and comes less than two weeks after Garlinghouse was at the White House for President Donald Trump's crypto summit.

Ripple also donated $5 million to Trump's inaugural committee, sources previously told ABC News, and Garlinghouse posted a photo to social media of him meeting with Trump in January.

Everything is transactional with Trump. Pay to play. Quid pro quo.

All those silly little MAGA people who worship this POS...they are just tools and Trump gives not one shit about them.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to ges here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (1) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community