Corey Frayer
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csfrayer.bsky.social
Corey Frayer
@csfrayer.bsky.social
Michael Lewis called me "...a faceless minion in a blue suit..."

Director of Investor Protection - Consumer Federation of America. Former: Crypto Adviser to Gensler SEC. House Financial Services and Senate Banking Committees.
Brooklyn bartender: what base liquor do you prefer?

Midwest bartender: have you ever got drunk off beer?
This is how all Midwesterners do it. I don’t think I’d heard of “ABV” until I moved here.
Courtesy of a JMU booster friend, we now have some insight into how Curt Cignetti approaches beer.
January 20, 2026 at 5:31 AM
Confession: I haven't followed hometown college sports for 20 years and for a while I thought the NCAA changed the end of basketball season.
January 20, 2026 at 5:21 AM
Reposted by Corey Frayer
So, here it is. Thanks to a new state law that was NEVER DEBATED, Indiana University has committed itself to abolishing majors in African-American/African Diaspora Studies: American Studies; Art History; French; Italian; Religious Studies etc. DOZENS of majors. www.ipm.org/news-section...
Indiana public colleges cut almost 20% of degrees
Public Indiana colleges and universities have eliminated 19 percent of their degree programs to meet requirements added to the state’s budget, according to the Commission for Higher Education.
www.ipm.org
June 30, 2025 at 9:12 PM
Maybe it's so obvious I look dumb saying it. But this is the Trump administration.
I just woke up from a nap and somehow while I was asleep, everyone on the bus has figured out we are not going to the right place
January 20, 2026 at 4:50 AM
Enjoy this evening, Kirkland Avenue.

Costco owns the name again tomorrow morning.
January 20, 2026 at 4:32 AM
"What does it profit a man to be able to eat at an integrated lunch counter if he doesn't earn enough money to buy a hamburger and a cup of coffee?"

Why I do what I do.
“The evils of capitalism are as real as the evils of militarism and racism. The problems of racial injustice and economic injustice cannot be solved without a radical redistribution of political and economic power.”

~
Martin Luther King, Jr.
Speech to the SCLC
March 30, 1967
January 20, 2026 at 4:26 AM
Centrist proposal:

Abolish ICE and replace it with a gestapo-esque agency that unconstitutionally abducts you for using the phrase "Indiana Hoosiers."
January 20, 2026 at 4:20 AM
Reposted by Corey Frayer
Newsletter: Coinbase calls the shots in the Senate, former New York City Mayor Eric Adams faces rug pull allegations, and a crypto executive is breaking up with Trump

www.citationneeded.news/issue-99/
Issue 99 – They’ve bought themselves a Congress
Coinbase calls the shots in the Senate, former New York City Mayor Eric Adams faces rug pull allegations, and a crypto executive is breaking up with Trump
www.citationneeded.news
January 19, 2026 at 5:39 PM
I'd go further and say the biggest failure of Democrats. Government can do, and does, great things! We get the expertise of civil servants at bargain basement prices! Our collective bargaining power is unmatched! It's way more transparent and accountable than private ventures!

It's OURS! OWN IT!!!
This is one of the biggest failures of the Biden Admin: They did GREAT things to improve the lives of Americans and then basically told no one about it. They got the wheels of government churning FOR people but instead of bragging about it, they’d post a shrimpy announcement on one obscure website.
Half the battle with this guy is just reiterating government can and already does good things that are so ubiquitous they’ve become invisible. He’s able to remind you in a way that you understand that good government can exist outside of a 24/7 vengeance operation, and in NYC already does.
January 20, 2026 at 2:05 AM
As a Hoosier, I gotta say there is nothing more Midwest-winter than a forecast that is negative (X) but a 'feels like' of negative 3(X).
People here are outside patrolling their neighborhoods in this, trying to keep their neighbors safe from lawless armed masked goons. Armed with whistles and vests, they are essentially fighting a war against their own government and its ethnic cleansing campaign.
January 20, 2026 at 1:43 AM
Credit where due.
January 19, 2026 at 6:38 PM
Coinbase and CLARITY Blow-Up

More thoughts on Coinbase CEO Brian Armstrong gambling on a huge crypto giveaway - mostly for centralized platforms like Coinbase - over stablecoin yield.

Now that Circle is public, we have more info from 2025 financials of both for 3Q 2025 - 🧵 1/12
January 19, 2026 at 6:22 PM
Congress passed a stablecoin bill to bolster US Treasury demand and for some reason I'm still not bullish on the probability of an eight trillion dollar USDC market.
Deutsche Bank here with the good stuff.
Game on.
January 18, 2026 at 7:04 PM
The last refuge of free market maximalism was "but we've never *really* tried it."

Crypto gave us the perfect real world experiment in government by market forces. The only surprising outcome was that the experiment managed to outlive FTX.
I think we all must admit that the markets seem not to care whether the Fed is independent or not. (At least until they do care.)

Which should make us all realize that markets are not some deus ex machina that can save us from ourselves.

If we want democracy, the people must assert themselves.
The Secretary suggests maybe the markets *want* a more politicized central bank.
January 18, 2026 at 6:52 PM
Yet another crypto 'entrepreneur' who had a run-in with the SEC before crypto even existed.

www.reddit.com/r/MSTR/comme...
From the MSTR community on Reddit: The New York Times: "Michael Saylor’s Creative Bitcoin Strategy Isn’t Working"
Explore this post and more from the MSTR community
www.reddit.com
January 18, 2026 at 6:38 PM
Great episode of @cryptocriticscorner.com with @nitishpahwa.com breaking down the actual politics of crypto. And I learned that I haunt Cas's nightmares.

www.youtube.com/watch?v=8nFH...
The Mythical Crypto Swing Voter (feat. Nitish Pahwa) - Episode 175
YouTube video by Crypto Critics' Corner
www.youtube.com
January 18, 2026 at 4:29 PM
Still hard to understand why Armstrong has risked losing a 95% giveaway crypto bill.

His outburst suggests an SBF-like God complex that could justify terrible business practices to himself. Maybe attracting new customers via high yield is covering up some big infirmity at Coinbase? Something's off.
January 18, 2026 at 5:03 AM
Trump's crypto czar blaming Dems for the bill being pulled. Also saying Coinbase needs to get in line because it's "Trump's bill." Dems are still courting industry which requires *more* deregulation and favors.

Why work so hard to pass "Trump's bill"? Especially with his corrupt crypto businesses?
January 17, 2026 at 7:17 PM
Minneapolis is under attack, Trump is fomenting wars, and Democrats led by Mark Warner are locking themselves in a room with cryptobros who spit in their face yesterday because the handouts weren't generous enough.

What a debasement of Congress.

www.coindesk.com/policy/2026/...
Senate Democrats pursuing a Friday call with crypto industry on market structure bill
A call is being planned to discuss the state of the legislation that's now been postponed in the Senate Banking Committee, sources say.
www.coindesk.com
January 16, 2026 at 2:46 AM
Brian Armstrong, Coinbase CEO, dramatically torpedoed the crypto bill he basically drafted. Still he has Republicans and Democrats begging for his approval. And he's convinced most of crypto that it was a strategy, not a tantrum.

SBF levels of Machiavellian - this will end the same way.
January 16, 2026 at 1:28 AM
Reposted by Corey Frayer
Yesterday, Coinbase withdrew its support for the crypto market structure bill. Hours later, the Senate Banking Committee canceled the markup hearing. They’re not even trying to pretend anymore that this bill isn’t written by the industry, for the industry.
January 15, 2026 at 8:51 PM
Reposted by Corey Frayer
“‘Frivolous litigation’ is a decades-old euphemism for denying working Americans their day in court.” @csfrayer.bsky.social
SEC War on ‘Frivolous’ Litigation Upends Wall Street Cop’s Role
SEC Chairman Paul Atkins’ bid to curb “frivolous” shareholder complaints signals a new level of hostility toward investors and lawyers typically viewed as the Wall Street cop’s allies, and the effort ...
news.bgov.com
January 15, 2026 at 1:55 PM
Because a crypto CEO threw a tantrum on social media, the Senate Banking Committee has officially canceled tomorrow's vote on a bill giving his multi-trillion dollar industry almost everything they wanted.

With enemies like these, who needs friends?
January 15, 2026 at 2:58 AM
Reposted by Corey Frayer
I want to talk about a dystopian world we are entering - where every moment, event, and crisis just become commodities.

Life stops being something we live, but something we sell and trade. It will breed both corruption & emptiness.

1/ A 🧵on why our politics can't ignore this.
January 14, 2026 at 10:59 PM