Taylor Lindman of the U.S. Securities and Exchange Commission Crypto Task Force says much of the agency’s crypto agenda falls within its existing authority. CLARITY would have accelerated that work, but the SEC doesn’t need it to move forward. “So much of this is within our existing authority.”

@SECGov Bullish for $LINK 🫡

@SECGov So if the SEC already has the authority, what's actually holding them back? 👀

@SECGov Existing authority can keep the work moving. It cannot replace durable market rules. If crypto policy depends on who holds the chair, the industry has guidance today and uncertainty after the next election. That is motion, not clarity.

@SECGov That existing authority could make the SEC’s next moves even more important to watch.

@SECGov cool story, still no clarity

@SECGov 👍🏻

Lindman is basically saying the SEC doesn’t need permission from Congress to rebuild the system. 🏛️ They’ve already used this 'existing authority' to scrap Gensler era rules, push a new crypto custody framework, and open the floodgates for tokenized stocks. The agency is rewriting the rules of the game on its own terms.

@SECGov omg so they’re already moving full steam, no extra green light needed lol

@SECGov yeah theyve had the tools this whole time tbh

@SECGov The SEC saying most of its crypto agenda already fits within existing authority means it can keep regulating without waiting for the Clarity Act to pass The core message that "You and @mlkbfrey are the two accounts I most enjoy following."

@SECGov Existing authority is how SAB 121 showed up in 2022 and how it disappeared in 2025.

@SECGov cool story, still no clarity

@SECGov clarity was the express lane, the sec says it already has the keys

@SECGov Quyền lực cũ đã đủ làm khó rồi.

@SECGov Existing authority is the whole problem. Anything the SEC can do without Congress, the next SEC can undo without Congress. Builders wanted a floor written in statute, not a chairman's good mood.

Acting under existing authority is faster, but it's also less durable: guidance, exemptions and no-action positions can be rewritten by a later commission, while a statute can't. That's the real tradeoff behind "we don't need CLARITY to move forward" — speed now versus a rulebook that survives the next change of leadership.

@SECGov SEC Crypto Task Force's Taylor Lindman says much of the agency's crypto agenda can move under existing authority — the CLARITY Act would speed things up, but isn't required.

@SECGov Existing authority covers SEC disclosure, custody and fraud cases. It does not decide which assets are commodities, or which agency registers an exchange. CLARITY was written to settle that split, so dropping the bill slows the boundary even if the Task Force keeps moving.

@SECGov SHORT 🟥 $ARX 0.2930

@SECGov tried explaining what the sec actually does to my dad and got two sentences in before quitting

@SECGov If the SEC’s crystal ball is just a regular magnifying glass, we’re all in for a very close‑up view. 😎

@SECGov Great

@SECGov SEC saying they can do it without Congress is not the win people think