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110 sats \ 0 replies \ @Cje95 OP 30 Nov \ parent \ on: 'Government has become addicted to indirect regulation' Politics_And_Law
Okay okay I can help here lol!!! The House the last two years has been building up staff support in areas that are not well or easily understood like AI and Blockchain for instance the House Bipartisan AI Task Force was stood up and our report should be coming out soon its over 256 pages and counting!
With regards to the indirect regulation idea I think your idea is correct but can be expanded into what I think of it as and that is "we don't know IF we have the power but we will force you until someone else (courts or Congress) tells us differently". Since the Secretary and head of the SEC assign/task the various departments with enforcement priorities I think the new Admin will be a lot more hands-off but and a huge but when you screw up and lets use FTX as an example the charges and the years for everyone will be MUCH more severe.
I think next Congress (Congress starts Jan 3rd and President starts Jan 20th) we will see a ton of legislation move through to codify things. This will highly likely be done via budget reconciliation since that gets rid of the 60-Senator filibuster issue unless Republican Sen. can find 6 Dems they can count on for a crypto package.
The other way which is something Biden is trying to execute now because the process to unravel it takes 3+ years is rules published in the Federal Register. He has hinted at moving to tie up a lot of public land oil and gas production this way and likely would have already finished this except for the way the rule was being interpreted it also would take out all solar, wind, and hydro production ideas as well. The big one is appliance efficiency which they are rushing to do and I want to say the Methane tax if I recall correctly!