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₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ
npub1jv3…lakg
2025-01-09 20:09:15

₱ⱤØⱠł₣ł₵ JØł₦₮Ⱬ on Nostr: Since dummies seem to think this is political quick reminder: -DoJ is required to ...

Since dummies seem to think this is political quick reminder:

-DoJ is required to sell any cleared assets to cash, and transfer that cash to treasury once sold.

-Clearance requirements are based on time, legal case outcomes, expiry of any claims, review by judge and are managed by career employees not political appointees.

-To change that requires an act of Congress with a majority vote in both houses, because right now the Treasury cannot legal hold non-sovereign issued assets except SDRs.

-It is not within the scope of presidential authority to change that, nor to direct that.

-If you want treasury to have diverse assets, or a new SBR, it must be through Congressional act. So elect congressional reps who understand this stuff.
Author Public Key
npub1jv3tmy30yrr0ek0fzdz5wfanh0pdp947fqgewyz44qndmg75ev9sz7lakg