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[Ripple Legal Director Believes That The SEC's Crypto Enforcement Strategy Will Not Change Due To The Supreme Court Ruling] Ripple Chief Legal Officer Stuart Alderoty Believes That The U.S. Supreme Court's Ruling In June 2024 Overturning The Chevron USA Inc. Vs. Natural Resources Defense Council Case Will Have Little Impact On The SEC's Strategy Of Achieving Crypto Compliance Through Law Enforcement. In An Interview With Cointelegraph, Alderoty Emphasized That Only A Change In Leadership Will Lead To A Change In The SEC's Position. He Said That The SEC Under The Current Leadership Has Caused Great Damage To The Once Respected Institution. Alderoty Also Pointed Out That The SEC's Continued Litigation Against The Crypto Industry, Including The Recent Appeal In The Ripple Case, Is Deliberately Creating Maximum Confusion. He Believes That The SEC Maintains Legal Uncertainty In The Industry Through A Large Number Of Enforcement Actions And Appeals. Alderoty Believes That The SEC Will Eventually Be Proven Wrong Again, But They Don't Care About It, And Describes The SEC's Tough Attitude Towards The Crypto Industry As "very Disturbing." The 1984 Chevron Case Established The Court's Respect For The Regulator's Policy Enforcement Methods, But Was Overturned By The U.S. Supreme Court In Loper Bright Enterprises V. Raimondo On June 28, 2024. For The Emerging Crypto Industry, This Means That Startups Face Strict Requirements From Multiple Government Regulators, Hindering Innovation And Discouraging Investment, Especially From Institutions. In July 2024, Uniswap Labs Cited The Overturn Of The Chevron Case As A Basis For Opposing The SEC's Expansion Of The Definition Of "exchange" Under The Exchange Act Of 1934, A Regulatory Change That Would Bring Decentralized Financial Projects Under SEC Regulation

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Brookings Institution

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One of the most prominent public policy think tanks in the United States. Its main goal is to provide critical insights on public policy through independent and rigorous research to improve governance and promote social welfare.
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The Implications of Pledging to Exempt Certain Households from Tax Hikes

During the last two decades, it has become commonplace for presidential candidates on both sides of the aisle to pledge to not raise taxes on at least some income groups.

Why have Mortgage Rates Fallen, and Where are They Headed?

In this piece, we update previous analyses to explore what factors led to the increase through 2023 and what has led to the partial reversal.

Petition to Bank Regulators for Faster Payment Processing

It is time for the Federal Reserve to fulfill its statutory requirement by instituting the rulemaking described in this petition.

The Economic Impacts of Clean Power

Transitioning to an electrical grid powered by the sun and the wind instead of oil, natural gas, and coal will produce substantial economic benefits, especially in rural and manufacturing areas.

Transshipments from Germany to Russia

Here we explore what categories of goods are being transshipped to Russia via third countries and to what extent transshipments offset the direct drop in exports to Russia.

The Tension Between AI Export Control and U.S. AI Innovation

Artificial intelligence (AI) raises an acute set of challenges with respect to export control.

Modernizing Partnership Taxation

Partnerships represent almost 30 percent of all business income in the United States, now outnumbering C corporations.

Robust Fiscal Stabilization

From 1984 to 2003 Congress reduced the deficit (the annual gap between federal spending and revenue) when projected deficits rose. But, on average, it has not responded to projected deficits from 2004 to 2023.

The Federal Reserve’s Monetary Policy Framework Review

The Federal Reserve’s monetary policy framework contributed to its delayed response to surging inflation in 2021 and 2022.

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