All posts tagged: AllIn

Virginia Democrats Go All-In on Gerrymandering (With Some Regrets)

Virginia Democrats Go All-In on Gerrymandering (With Some Regrets)

Published by Daniella Wilson

Democrats in Virginia desperately want permission from voters to gerrymander the state beyond recognition. They also want Virginians to know how profoundly sorry they are to have to ask. “I believe that people should choose their representatives. Representatives shouldn’t choose their people,” State Senator Creigh Deeds declared on Friday, as he stood flanked by a dozen young Democrats at the University of Virginia. This is typically the main argument against gerrymandering, but for Deeds, it was just the windup to a pitch for his party to cast aside its highfalutin principles and start hurling spitballs back at Republicans. “We’ve been pushed,” he lamented, “into a situation not of our own choosing.” The situation to which Deeds so gravely alluded is the all-out redistricting war that Republicans started last summer in Texas. At President Trump’s behest, state lawmakers redrew congressional lines to bolster the GOP’s narrow House majority. Democrats, initially aghast but quickly emboldened, responded by matching Republicans with an equally aggressive gerrymander in California, which voters approved overwhelmingly in November. The battleground expanded from there, …

Democrats should go all-in on Texas — and Talarico

Democrats should go all-in on Texas — and Talarico

Published by Sam Flores

If faith is indeed “the substance of things hoped for,” as St. Paul wrote in his letter to the Hebrews, then James Talarico’s win on Tuesday in the Texas Senate primary was surely, at least for the Lone Star State’s Democrats, “the evidence of things not seen.” What has not been seen for nearly 40 years is a Senate victory for the party, and the 36-year-old Talarico, a state representative and Presbyterian seminarian, has gotten Democrats excited. After his decisive six-point primary victory over Rep. Jasmine Crockett, they are hoping, as they have for at least 10 election cycles — that the massive state, with its 31 million residents, of which at least 40% are Latino, will turn finally blue. That Republicans are staring down a lengthy, costly and nasty runoff between incumbent Sen. John Cornyn and Texas attorney general Ken Paxton, the scandal-ridden MAGA firebrand, has only increased excitement on the left. But as stoked as some rank-and-file Democrats are, national party leaders and many high-dollar donors, according to POLITICO, are hesitating to go all-in …

Wall Street’s Crypto Debate Is Over As Banks Go All-In On BTC, Stablecoins, Tokenized Cash

Wall Street’s Crypto Debate Is Over As Banks Go All-In On BTC, Stablecoins, Tokenized Cash

Published by Jenni Sidey

Authored by Sam Bourgi via CoinTelegraph.com, Big banks aren’t debating crypto anymore — they’re building it. From tokenized cash to ETFs, Wall Street is quietly going onchain. For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate it, from regulated investment products to blockchain-based payment rails. This shift is on full display in this week’s Crypto Biz. JPMorgan is extending its US dollar deposit token onto new blockchain infrastructure, signaling that tokenized cash is moving closer to production use within global banking.  Morgan Stanley, meanwhile, is positioning itself to offer exposure to Bitcoin and Solana through exchange-traded funds (ETFs), potentially bringing crypto investments to millions of wealth management clients.  Barclays has made its first bet on stablecoin infrastructure, backing settlement rails designed to connect regulated issuers with financial institutions.  And Bank of America has taken another step toward normalization by allowing advisers to recommend spot Bitcoin …