‼️‼️DEATON TACKLES REGULATORY CAPTURE, UNVEILS GROUNDBREAKING SENATE BILLS‼️‼️

Pro-XRP lawyer John E Deaton has made headlines across the crypto industry with his recent post on X. On July 9, Deaton revealed the focus of his initial Senate Bills, aiming to tackle regulatory capture within the U.S. Securities and Exchange Commission (SEC). Deaton's concerns align with those of Elon Musk, highlighting the issue of regulators transitioning into industry roles. Despite challenging Senator Elizabeth Warren, Deaton has been vocal about this issue.

Deaton's Senate Bills will prioritize congressional term limits and impose a 3-5 year statutory bar, preventing regulators and lawyers from working in the same industry they regulated. This means individuals like the FDA Chairman cannot sit on the board of companies like Pfizer. The XRP lawsuit between Ripple Labs and the SEC is ongoing, with a final conclusion awaited by July 31.

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