With I think virtually everything the caller had to say other than her thanks for my comments.
For starters, Republicans, conservatives worked for decades to, through the process, to transform the Supreme Court.
And I am very grateful that we succeeded in doing so.
There's one lesson in there that actually bears on the recess appointment matter, which is there were some very short-sighted decisions made on strategic grounds or really ignoring strategy by Senate Democrats that were very, very costly and that paved the way for this conservative ascendancy.
One is the launching of the filibusters against lower court nominees in the first place back in 2003.
The second, then, is the abolition of the filibusters for lower court nominees in November 2013.
We're going to leave this here and take you live now to a discussion on the potential impact of an incoming Trump administration agenda on the Securities and Exchange Commission and Wall Street.
live coverage here on cspan we may turn to the audience for questions if you have a question please enter it into the q a function at the bottom of your zoom window and we'll do our best to answer as many as we can finally i'll note that as always all expressions of opinion today are those of our guest speakers and not the federalist society with that jw thanks for joining us today and i'll hand things over to you thanks Really appreciate that.
And thanks, FedSock.
I'm really excited to be here with my friend Wallace DeWitt.
Wallace and I are together on this panel.
This became a sort of a Laurel and Hardy routine that we're going to do, but we're going to talk about the exciting things about what the future holds for the SEC.
So I'm introducing Wallace and he's introducing me.
Wallace, C. Wallace DeWitt, he's a securities lawyer in Washington, D.C.
He formerly served as senior counsel to acting chairman and commissioner Mike Pivar of the Securities and Exchange Commission.
So he was there during the time of the interim chairmanship during the last Trump transition.
So he's got some unique insights for us.
Welcome, Wallace.
Looking forward to talking with you, my friend.
Thank you, JW, and happy Thanksgiving to you, friend.
I call JW, it's Varette, but Veve is as it's properly pronounced.
JW is an omnipresent crypto bro, but in his spare time, he's a professor of corporate law, securities law, and forensic accounting at George Mason University's Scalia Law School.
He's a board member of the Zcash Foundation, which supports a blockchain incorporating both Bitcoin and untraceable shielding tech.
He's a former member of the SEC's Investor Advisory Committee, of which he was a very vocal and important member.
Look at his pinned tweet, actually, BlockProf to see more on that front.
He's a member currently of the FASB Advisory Committee, and he serves as an expert witness in cases most prominently against the SEC, but also in private litigation.
Above all, he is a cryptomaniac.
Is that the accepted term?
But he is a well-known speaker on crypto topics, which of course has been a major part of the last three years of the SEC, actually eight or 10 years of the SEC, really, and certainly bids fair to be relevant for the next four.
Welcome, JW.
Welcome, my friend.
I just want to talk about crypto today, but Wallace says we have to talk about other things too, corporate governance, climate change, all of that.
Yes.
So you were, let's start talking just about that vital time, the interim chairmanship.
So there's three or four months.
The last chairman was confirmed in April, the one before that in May.
So there you got three or four months of one of the commissioners being the interim chairman.
And so you were counsel and senior advisor to the interim chairman, assistant to the regional manager.
The regional manager.
Yes.
But I mean, that's so interesting to be there and to just have the gavel of power.