Can Congress Still Govern? Tim Ryan on Crypto and the CLARITY Act
Former Ohio Congressman Tim Ryan joins Mike to discuss why Congress has become less capable of governing—and whether it can still handle complex issues like cryptocurrency regulation. They talk about congressional dysfunction, concentrated leadership power, the decline of congressional expertise, earmarks, and the incentives that discourage lawmakers from taking political risks.
Then they turn to the CLARITY Act and the future of crypto regulation. Ryan makes the case for Congress setting clear rules for digital assets, while Mike presses him on an understaffed CFTC, Trump’s crypto interests, Democratic opposition in the Senate, industry campaign spending, community banks, and whether a lame-duck session may be the best chance to get legislation passed.
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