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Speaker Johnson Holds the Gavel for Three Years

Following the three-year anniversary of his Speakership, conservative and industry leaders are commending House Republicans and Speaker Johnson for delivering historic results for the American people, all while navigating one of the smallest House majorities in history.
During the 119th Congress, House Republicans have delivered $4.6 trillion in lower taxes — the largest middle- and working-class tax cut in history, heading off the largest tax hike ever — a $1.6 trillion reduction in wasteful government spending, a totally secured border, erased crushing Biden-era regulations, the lowest violent crime rate in 126 years, the largest decline in prescription drug costs in 60 years, Trump Accounts for every child, the first-ever nationwide school choice program, more than one million private sector jobs added to the economy, reshoring of American manufacturing, record stock market indexes and job participation numbers, and so much more. Here’s what they are saying:
Conservative Leaders
“Mike Johnson inherited a House GOP conference that had destroyed a Speaker and found itself so bitterly divided it could not agree on anything. With extraordinary patience, astonishing discipline, a refusal to get mad at people and a daily working partnership with President Trump that won again and again when defeat seemed certain, Mike created a record for legislative effectiveness that is historic.” — Hon. Newt Gingrich, Former Speaker of the House
“Over the last three years, Speaker Johnson has repeatedly defied the odds to implement the America First agenda, advance Republican priorities, and deliver wins for the American people.” — Ken Blackwell, Chairman, Conservative Action Project
“Speaker Johnson took the Speaker’s gavel with an ambitious policy mandate from the American people. Guided by his faith and trusted for his integrity, he has repeatedly delivered consequential conservative policy victories through some of the slimmest congressional majorities. A true statesman. From all of us at Heritage, thank you, Speaker Johnson, and congratulations on three years!” — Kevin Roberts, President, The Heritage Foundation and Heritage Action
“Over the past three years, Speaker Mike Johnson has led with faith, conviction, and a commitment to putting America First. Working with President Trump, he united House Republicans to pass the historic One Big Beautiful Bill into law – protecting families from tax hikes, expanding the Child Tax Credit, delivering tax relief on tips and overtime for eligible workers, and providing critical resources to secure our border. Under his leadership, the House has passed meaningful legislation including the HALT Fentanyl Act which strengthens law enforcement’s ability to combat deadly fentanyl in our communities and hold traffickers accountable. On behalf of AFPI, we applaud Speaker Johnson’s leadership and his determination to turn America First promises into lasting policy.” — Greg Sindelar, Interim President & CEO, America First Policy Institute
“Speaker Mike Johnson has been a tremendous ally to the American family. Under his leadership, the House has prioritized protecting children from the predatory transgender industry, extended those protections through domestic and foreign appropriations funding, passed landmark legislation to safeguard kids online, and worked tirelessly to codify the President’s America First agenda. Moreover, in the last year, parents received an increased Child Tax Credit and access to new savings for their children via Trump Accounts. He also helped shepherd through legislation to defund Big Abortion providers like Planned Parenthood, cutting off taxpayer funding for a network which serves as one of the largest purveyors of harmful transgender drugs to minors. Thank you Speaker Johnson for putting American families and America’s future at the center of our national policy.” —Terry Schilling, President, American Principles Project
“Speaker Mike Johnson leads with the courage and conviction this civilizational moment demands. He fights to protect women’s sports and spaces, uphold the sanctity of life and defund the abortion industry, and shield children from the devastating harm of transition drugs and surgeries. Under his leadership, the House Judiciary Committee worked to hold the SPLC accountable for using its ‘hate list’ to silence and deplatform ideological opponents. And in an historic address to the UK Parliament, he reminded the world that the answer to speech we don’t like is always more speech, not censorship. ADF is grateful for Speaker Johnson and the sacrifices he makes that all might be free.” — Kristen Waggoner, CEO, President, & Chief Counsel, Alliance Defending Freedom
“Mike Johnson has been a taxpayer champion during his three years as Speaker of the House. He’s been a staunch advocate of limited government, low taxes, and low regulation. Under his leadership, Republicans rescinded funding for Biden’s supersized IRS, prevented the largest tax increase in American history and delivered across the board income tax cuts for American families. Perhaps most impressive, was Johnson’s ability to successfully make the pro-growth Trump Tax Cuts permanent. This is something 2017 Republicans fell short of achieving with 241 House Republicans. Johnson finished the job on permanent tax cuts while losing just two votes. This is a historic achievement made possible by Speaker Johnson’s leadership in the House.” —Grover Norquist, President, Americans for Tax Reform
“For the last three years, Speaker Mike Johnson has led the House of Representatives with conviction, integrity, and an unwavering commitment to the American people. He has worked tirelessly to advance the principles of limited government, free markets, and federalism. Speaker Johnson has demonstrated how principle-guided service can deliver consequential victories for the American people.” —Lisa B. Nelson, CEO, American Legislative Exchange Council
“Americans sent Washington a clear mandate: secure our borders, let hardworking families keep more of their paychecks, and expand opportunities for the next generation. Speaker Mike Johnson has helped deliver on that mandate by advancing an America First agenda that strengthens families, keeps our communities safe, and makes the American dream attainable for all. The contrast with the radical left’s failed, big-government socialist agenda couldn’t be clearer. Their policies would mean higher taxes, rising costs, and weaker enforcement that puts all Americans at risk. As Speaker Johnson marks three years leading the House, America First Works commends his leadership and steadfast commitment, alongside the House Republican majority, to building a safer, stronger, and more prosperous America.” — Ashley Hayek, President, America First Works
“Speaker Johnson has led the House through three years of razor-thin margins and constant pressure, and his leadership team have repeatedly defied political expectations to deliver wins many thought were virtually impossible. His willingness to listen to voters and stand on principle was on full display in the fight to make the Working Families Tax Cut law, a landmark achievement that stopped the largest tax hike in American history and delivered lasting relief to families and small businesses. Speaker Johnson has been a champion for free markets and a strong ally of AFP since he came to Congress, and we need more leaders in Washington who govern the way he has.” —Brent Gardner, Chief Government Affairs Officer, Americans for Prosperity
“We congratulate Speaker Johnson on three remarkable years as Speaker of the U.S. House of Representatives. Days after his election—and only weeks after the October 7, 2023, massacre—his first public event was an address to the Republican Jewish Coalition’s Annual Leadership Summit. Speaker Johnson has demonstrated exceptional and righteous moral clarity, making the fight against antisemitism a House priority and leading the Republican majority in steadfast support of the U.S.-Israel alliance. Often underestimated, he has repeatedly delivered, including by passing the Big Beautiful Bill to cut taxes and expand educational freedom for all Americans. Given his razor-thin majority and extraordinary path to the speakership, his continued leadership is all the more impressive. The American Jewish community has had no better friend and partner leading the People’s House.” — Senator Norm Coleman, National Chairman; & Matt Brooks, CEO, Republican Jewish Coalition
“Thank God for Speaker Mike Johnson. We would never have passed the Big Beautiful Tax Cut without his amazing leadership to pull out that victory with such a slim majority. We have cut more wasteful programs than ever. No wonder today we have the lowest poverty rate, the lowest crime rate, the lowest number of Americans receiving unemployment benefits the highest stock market, the most investment AND the highest middle incomes in 50 years. A Speaker of the House who has made the American economy great again.” —Steve Moore, Chairman & Cofounder, Committee to Unleash Prosperity
“Speaker Mike Johnson is a man of great faith, integrity, and honor, and I am blessed to call him a friend. His tireless work passing the historic Working Families Tax Cuts defunded Big Abortion businesses like Planned Parenthood of hard-earned American taxpayer dollars for the first time in American history, relieved tax burdens on American families, bolstered school choice, and expanded pro-family child tax credits; and with the passage of the Protection of Women and Girls in Sports Act, the Speaker affirmed that women and girls deserve safety, fairness, and opportunity in their sports categories and competitions. At this critical moment in our nation’s history, Concerned Women for America Legislative Action Committee gives thanks to God for Speaker Johnson’s wise, steadfast, God-honoring leadership as the 56th Speaker of the House and congratulates him on leading effectively for three years.” —Penny Nance, CEO & President, Concerned Women for America Legislative Action Committee
“In a time when political expediency too often takes precedence over principle, Speaker Mike Johnson has remained steadfast in his commitment to faith, family, and freedom. Through extraordinary political challenges, Mike has demonstrated the conviction, patience, and perseverance necessary to keep House Republicans united around shared principles and priorities. I am grateful for his friendship, his principled leadership, and his understanding that public service is ultimately about serving God and our fellow citizens.” —Tony Perkins, President, Family Research Council
“Speaker Johnson is one of the most pro-life Speakers in the history of the House. Our nation has seen historic victories under his leadership, including a staunch defense of the Hyde Amendment and the one-year moratorium on federal Medicaid dollars for large abortion providers like Planned Parenthood. Republicans could do more to learn from the Speaker and follow his lead in the battle for life.” —John Mize, CEO, Americans United for Life
“In just three years and with the narrowest of majorities, Speaker Mike Johnson has helped turn conservative principles into meaningful legislative accomplishments. His leadership in securing passage of the historic, permanent tax relief for hardworking American taxpayers as well as critical reforms to reduce waste, fraud and abuse, are defining achievements for our nation. As a former state lawmaker, Speaker Johnson has shown how policies rooted in federalism and other key conservative principles can best serve the American people for years to come.” — Jonathan Williams, President & Chief Economist, American Legislative Exchange Council
“In the mission to bring school choice to every state in America, we owe a debt of gratitude to Speaker Johnson’s leadership in Congress and his tireless commitment to advancing educational freedom at every turn. Speaker Johnson ensured that the historic Education Freedom Tax Credit was shepherded through the reconciliation process and signed into law. With Speaker Johnson at the President’s side, national school choice became the law of the land. School choice is now positioned to help more students and families than ever before, with nearly 52 million kids eligible for the Education Freedom Tax Credit.” —Tommy Schultz, CEO, American Federation for Children
“Congratulations to Speaker Mike Johnson on three years of leadership as Speaker of the House. His commitment to reforming our nation’s safety net reflects a belief that every American deserves the opportunity to work, contribute, and lead a flourishing life. Under his leadership, the House has taken meaningful steps toward that vision—from strengthening connections to work through the One Big Beautiful Bill Act and restoring integrity to SNAP, to advancing the One Door to Work Act’s reforms through committee. Together, these efforts help move our safety net toward a stronger focus on opportunity, accountability, and lasting independence. Thank you, Speaker Johnson, for championing the dignity of work and helping more Americans build a brighter future for themselves and their families.” — Rachel Barkley, Executive Director, Alliance for Opportunity
“Under Speaker Johnson’s leadership, House Republicans delivered meaningful tax reform through the One Big Beautiful Bill, and Louisiana families and businesses are feeling the difference. AFP-LA has heard from small-business owners reinvesting in their companies and planning for growth, and from families who are keeping more of what they earn thanks to Speaker Johnson’s leadership. AFP-LA is proud to stand with Speaker Johnson and our Louisiana delegation as they continue to work to deliver results for the state, and we look forward to our continued partnership to ensure every Louisianian has the opportunity and freedom to get ahead.” —Scott Simon, State Director, Americans for Prosperity-Louisiana
“Three years into his speakership, Mike Johnson has helped lead House Republicans through historic legislative battles while working alongside President Donald J. Trump to advance an America First agenda. From passage of the Laken Riley Act to strengthen immigration enforcement, to the landmark Working Families Tax Cuts legislation, increased investment in border security and national defense, efforts to rein in federal spending, and policies promoting American energy dominance, Speaker Johnson has helped translate key Republican priorities into legislative action. This agenda has also delivered meaningful tax relief for America’s seniors. The Working Families Tax Cuts legislation established an additional deduction for middle class seniors, helping millions of older Americans keep more of their hard-earned retirement income. Speaker Johnson’s leadership reflects a continued commitment to putting the American people first and building a safer, stronger, and more prosperous nation.” —Rebecca Weber, Chairwoman, Association of Mature American Citizens Action
“Only one man could have united his caucus behind the One Big Beautiful Bill, which has given us permanent tax cuts as well as the historic new Education Freedom Tax Credit that will benefit so many Catholic students. That man is Speaker Johnson. I am grateful for his leadership and example.” —Kelsey Reinhardt, President & CEO, CatholicVote
“The Working Families Tax Cuts required near-literal unanimity from House Republicans numerous times in a row — committee work, budget resolutions, and budget reconciliation votes, as well as the associated procedural votes. It could have easily died at any stage. Speaker Mike Johnson is why it didn’t. He tirelessly worked to maintain unity and as a result, we made tax reform permanent for every American family and small business. We also cut taxes. reformed Obamacare, Medicaid, SNAP, student loans, and ended the Green New Deal. It took a deft leader to do that.” —Ryan Ellis, President, Center for a Free Economy
“House Speaker Mike Johnson is a steadfast conservative and a man of deep faith. For three years, he has led a narrow House majority with conviction, championing pro-family policies that will strengthen our nation and benefit generations to come. Eagle Forum applauds his principled leadership and unwavering commitment to the values that make America great!” — Kristen A. Ullman, President, Eagle Forum
“It is hard to describe the extent of my admiration for and appreciation of Speaker Mike Johnson. He never ever wrings his hands and whines about not being able to get things done due to his very small GOP margin in the House. The Speaker figures out how to win. Every time. Speaker Johnson has been tireless in fighting for the SAVE America Act and I’m so very thankful for him. I am proud to call Speaker Johnson my friend.” —Cleta Mitchell, Founder & Chairman, Election Integrity Network
“It has been a unique experience for America to have a speaker who is faithful, patriotic, Conservative, friendly, intelligent and diligent – all rolled into one! In the lifetimes of anyone living, America has never been better served by its Speaker than we have been in the last three years.” —Ken Cuccinelli, Chairman, Election Transparency Initiative
“In an era where Republicans too often dial it in with social media posts and vague promises to fight, Speaker Mike Johnson is a refreshing change. He does the difficult work; he listens and he is willing to draw a line to protect principles. President Trump and the Speaker are an amazing partnership because they understand that part of leading is listening. Congratulations on succeeding in a job many thought had become impossible.” —Matt Schlapp, Chairman, Conservative Political Action Committee
“Unborn children have never had such a committed defender and friend in a Speaker of the House as Mike Johnson is. His life has been spent in service of protecting and defending the vulnerable, and he brought this same passion with him into the office of the Speaker. The combination of true belief in the dignity of every person—born and unborn—political and relational savvy, humor, and integrity embodied by Speaker Johnson makes him a force to be reckoned with. Thanks to the Speaker, for the first time in history, Congress defunded Big Abortion of their largest source of federal funding for one year, and taxpayers were not forced to subsidize even more abortion coverage through Obamacare. On behalf of the babies and moms and taxpayers who might never know all you’ve done to protect them, thank you, Speaker Johnson. Your leadership is an extraordinary gift.” —Marjorie Dannenfelser, President, SBA Pro-Life America
“Even before he became the U.S. House Speaker, Mike Johnson was a champion for the preborn babies, mothers, and families. In rooms that many will never be in, the Speaker always fights for the least of these, and our prayers are with him and the team. Happy Anniversary, Mr. Speaker, and let’s defund Planned Parenthood again.” —Kristan Hawkins, President, Students for Life Action
“Since Mike Johnson became Speaker three years ago, House Republicans have been extraordinarily productive, leading the fight for personal freedom and economic freedom to restore opportunity and reawaken the American Dream. GOP-backed legislation has prevented the largest tax increase in history (leaving more money in Americans’ hands) and secured funding for stronger border security. His determination to enhance election integrity with the SAVE America Act reflects his understanding that Americans of all parties and ideologies believe in and want secure elections, and we appreciate his efforts to pass this vital legislation through the Congress and get it to the president’s desk. Furthermore, Speaker Johnson has strengthened the conservative movement by consistently listening to grassroots groups and incorporating our voices into the legislative process.” —Jenny Beth Martin, Chairman, Tea Party Patriots Action
“Speaker Mike Johnson is one of the most effective legislative leaders in either house of Congress or either party in my entire career.  I have worked closely with every Republican Speaker since Newt Gingrich, so I know of which I speak.  Mike is principled, humble, a master of the legislative process, empathetic, and enormously skilled at balancing the needs of his Members with those of the White House and U.S. Senate.  He is an eloquent and articulate spokesperson for conservative values as well as the most successful fundraiser in the history of the Republican caucus.  We are truly blessed to have him in leadership.  It is an honor and pleasure to work with him, and I congratulate him on the third anniversary of his Speakership.  I hope it is just one among many to come.” —Ralph Reed, Founder & Chairman, Faith & Freedom Coalition
“For decades, conservatives watched NPR and PBS smear them and then got handed the bill. Under Speaker Johnson, House Republicans helped cancel $1.1 billion in public-broadcasting funding and used their oversight powers to expose Washington’s role in censoring Americans. Having spent years documenting media bias and censorship at MRC, I appreciate a Speaker willing to take on both. Mike Johnson deserves real credit for getting results with a razor-thin majority.” —David Bozell, President, Media Research Center
“Under Speaker Johnson’s leadership, House Republicans have delivered a series of major Second Amendment and outdoor-heritage victories. They restored the gun rights of veterans, zeroed out the $200 NFA tax in the One Big Beautiful Bill—opening the door to dismantling large parts of the nearly 100-year-old National Firearms Act—voted to block the use of Merchant Category Codes that would have created a backdoor registry of firearm purchases, voted to protect the use of traditional ammunition for hunters and sportsmen, and voted to return the management of wildlife resources to the states. The NRA is proud to stand with Speaker Johnson and House Republicans as they continue to deliver historic victories for law-abiding gun owners across our country.” —John Commerford, Executive Director, National Rifle Association’s Institute of Legislative Action
“Speaker Johnson knows that the foundation of a strong government is the protection of innocent human life. As Speaker of the House, he has been a fearless and consistent advocate for life. From defending the Hyde Amendment to supporting legislation that protects unborn children and helps their mothers, the Speaker has made the protection of human life an integral part of his work in Congress. For that, we are very grateful!” —Carol Tobias, President, National Right to Life
“Speaker Johnson has done a masterful job leading the House of Representatives despite a historically small majority. National Taxpayers Union is particularly thankful for his efforts to deliver permanent tax relief for workers, families and businesses and his commitment to tackling our debt crisis by rooting out waste in federal programs. Day in and day out, Speaker Johnson has worked for a better fiscal future, as evidenced by his Taxpayers’ Friend Award from NTU – the only one given to a Speaker for their voting record in the past 30 years.” —Pete Sepp, President, National Taxpayers Union
“Under Speaker Mike Johnson’s strong leadership, the House has delivered historic border security funding and passed the landmark Laken Riley Act. Speaker Johnson is leading the fight to secure our borders, protect American families, and ensure dangerous criminal illegal aliens are held accountable and deported. His leadership has delivered real results for the American people.” —Mike Hough, Co-President, NumbersUSA
“Senior citizens, particularly financially struggling seniors, know their lifeblood, Social Security and Medicare, will always be protected by Speaker Mike Johnson and his knowledgeable and dedicated staff. On behalf of more than 13 million grateful seniors, the 60 Plus Association salutes the Speaker for his continued dynamic leadership of House Republicans.” —Jim Martin, Founder & Chairman, 60 Plus Association
“Throughout his tenure as Speaker, Mike Johnson has demonstrated a commitment to advancing policies that encourage entrepreneurship, support job creation, and expand economic opportunity. His leadership has helped keep the needs of America’s small businesses and job creators at the forefront of the national policy conversation. We appreciate his continued efforts to champion an environment where entrepreneurs can invest, innovate, grow, and create jobs.” —Alfredo Ortiz, Vice Chairman, Job Creators Network
“Speaker Johnson has helped set an example for ‘servant leadership’ for every politician in Washington.” —Tom Fitton, President, Judicial Watch
“During his three year tenure, Speaker Johnson has done what seems impossible in today’s political culture:  He has been unwaveringly principled, mission-focused, and effective while overseeing the slimmest House majority in modern history. Speaker Johnson got the Working Families Tax Cuts over the finish line, creating a legacy of historic policy wins that impact education, healthcare, and welfare programs, as well as taxes. He achieved these wins while modeling conservatism at its best. We are grateful for his leadership and dedication, and look forward to working with him in the future to create more lasting change for America.” —Carrie Lukas, President, Independent Women’s Forum
“Speaker Mike Johnson has been on the front lines of the ‘culture war’ since entering Congress, defending religious freedom, the sanctity of human life, and biblical values, including traditional marriage.” —Jim Daly, President, Focus on the Family
“Speaker Johnson has been a steady champion for parents and for the local school board members who answer to them. Over the last three years he has kept the House focused on parents’ rights and on keeping education decisions close to home, and families across the country are better off for it.” — Bridget Ziegler, Director, School Board Action Program, 1776 Project Foundation
“As longtime friends of Speaker Johnson, it is no surprise to us that he has brought integrity, dignity, and honor to the office. His impeccable character, steady manner, crisp clarity as a communicator, and deft leadership have been a source of encouragement to our nation these last three years. In a time when principled leadership is in short supply, Speaker Johnson’s steadfast commitment to our great God and our great country is an admirable and consequential model for others with a similar charge. We are grateful for his leadership and his friendship and pray that God will continue to grant him wisdom, strength, and courage as he continues carry the enormous weight of this responsibility on behalf the American people.”—Douglas Napier, Executive Chairman & CEO; & Greg Scott, Executive Vice President, 1792 Exchange
“Speaker Johnson has shown real leadership by refusing to give in to the panic about AI and keeping the focus on the open, permissionless innovation that keeps America in the lead. That same mindset shows up on energy, where he led the House in passing bipartisan reforms to unlock American energy. Abundant energy and free innovation go hand in hand and it’s clear the Speaker understands both.” —Taylor Barkley, Director of Federal Government Affairs, Abundance Institute
“The Speakership of Mike Johnson is historic for a number of reasons but two are especially notable. Never in the History of the United States has the House of Representatives elected as Speaker a member who didn’t seek it. Never in the History of the United States has the House of Representatives been so narrowly divided between our two great political parties. Yet, Mike Johnson has managed to navigate the circumstances and this Congress has had enormous success. Historians will recall the Johnson Speakership as one of the most accomplished in our nation’s history.”
—Bob McEwen, U.S. House of Representatives Former Member, Ohio
“Over the past three years, Speaker Mike Johnson has led the House with a commitment to the principles of faith, family, and freedom. Family Policy Alliance is grateful for his leadership and the work of House Republicans on issues that matter deeply to American families.
“Under his leadership, House Republicans have delivered meaningful legislative victories. Efforts to restrict federal Medicaid funding for Planned Parenthood marked an important step in the fight to protect innocent lives. The creation of a federal school choice tax credit will open new doors for families who want the freedom to choose an education that best meets their children’s needs and reflects their values. These victories are part of a much larger record of advancing policies that protect children, empower parents, and strengthen American families.
“We are grateful for Speaker Johnson’s steadfast commitment to these principles and look forward to continued progress in protecting life, strengthening families, and defending freedom for generations to come.” —Craig DeRoche, President & CEO, Family Policy Alliance
“Congratulations to Speaker Mike Johnson on three years of leadership. He took the gavel under extraordinarily challenging circumstances, leading with narrow majorities that would have broken a lesser leader, and he has held this conference together because he is the one Republicans who could command 218 votes. His legacy is strong: he shepherded the One Big Beautiful Bill through the House and into law, delivering historic tax relief for American families and small businesses. That is consequential, conservative leadership and the country is better for it.” —Tim Chapman, President, Advancing American Freedom
“Every generation has to defend freedom against evil. The only question is who is standing on the wall. For three years it has been Mike Johnson, and he has not flinched. He took the gavel in the middle of chaos, with one of the slimmest majorities in modern history, and stood strong for core American principles. Only a man armed with the kind of steadfast faith that our Speaker has can accomplish what he has accomplished.” —Matt Faraci, CEO, CongressStrong Action
“Congratulations to Speaker Johnson on three years of leadership. Under his gavel, Congress has been a great partner to American consumers, from passing the One Big Beautiful Bill Act, which locked in some of the biggest tax cuts working families have seen, to shielding Americans from the worst of the radical left’s agenda. Speaker Johnson is a true statesman and one of the most steadfast allies we’ve had. We look forward to continuing to work with him and his team in the years ahead.” —Sal Nuzzo, Executive Director, Consumers Defense
“Since his election to be Speaker of the House on October 25, 2023, Speaker Mike Johnson has tirelessly led the House of Representatives to help U.S. taxpayers by passing impactful tax cuts for families and small businesses and significant legislation to eliminate waste, fraud, abuse, and mismanagement in the federal government.  CCAGW congratulates and thanks Speaker Johnson for his unparalleled leadership and extraordinary commitment to protecting taxpayers and promoting a more efficient and less wasteful government.” —Tom Schatz, President, Council for Citizens Against Government Waste
“The Immigration Accountability Project is grateful to Speaker Johnson and his staff for working closely with us over the past three years on immigration issues impacting our great nation. The Speaker has maintained open lines of communication for ongoing dialogue to an extent none of his predecessors did. He and his staff have partnered with us to pass the Laken Riley Act, to achieve historic funding for immigration enforcement, and to block deeply flawed immigration legislation. We look forward to continuing this productive relationship as we address the significant challenges and policy goals that remain ahead for our nation’s immigration system.” —Rosemary Jenks, Cofounder, Immigration Accountability Project
“Speaker Johnson eloquently spelled out his guiding principles years ago in his ‘7 Core Principles of Conservatism’ – which every American should read – and since becoming Speaker has managed to make progress on them in a landscape defined by gridlock and pessimism. He took on arguably the most difficult job in Washington under challenging circumstances and in an even more challenging environment, including a historically narrow majority and countless factors outside his control. Since then, he has gamely led the House and achieved policy victories that will save taxpayers thousands, began the process of badly needed entitlement reform, expanded educational opportunities for children, and more. I am proud to stand with Speaker Johnson and am grateful he humbly took on the thankless task of leading the People’s House three years ago.”—Akash Chougule, President, The Foundation for Research on Equal Opportunity
“The ERLC is grateful for Speaker Johnson’s tremendous leadership in service to our nation over the past three years. As Speaker of the House, he has not abandoned his faith but boldly proclaimed the truth about issues important to Southern Baptists like the sanctity of human life, the necessity of free religious exercise, and God’s good design for marriage, gender, and the family. He has acted with humility, charity, and grace in challenging political times. We continue to pray that the Lord gives him wisdom and courage as he serves in this role.” —Dr. Evan Lenow, President, Ethics & Religious Liberty Commission of the Southern Baptist Convention
“Under the leadership of Speaker Johnson, the House of Representatives has fought tirelessly to secure our borders, keep our communities safe, and restore integrity to our immigration system. The House has passed vital legislation, from the Laken Riley Act strengthening mandatory detention of criminal aliens and cracking down on crime, to two reconciliation packages making landmark investments in border security and immigration enforcement funding, to the SAVE America Act ensuring that only American citizens have a say in American elections. FAIR applauds Speaker Johnson for his deep commitment to reform that puts the interests of American citizens first and looks forward to building on that momentum to permanently put an end to asylum fraud, parole abuse, and mass catch-and-release policies so that no future presidential administration can ever again repeat those same failed policies.” —Joe Chatham, Director of Government Relations, Federation for American Immigration Reform
“Speaker Johnson has been a consistent ally of worker freedom. He understands that a paycheck belongs to the worker, not the union boss. Congratulations to the Speaker on three years of steady, principled leadership.” —Aaron Withe, CEO, Freedom Foundation
“Congratulations to Speaker Johnson on three years leading the House. He has served with dignity, steadiness, and deep respect for the institution, holding together the narrowest of majorities to deliver real results, including rolling back the costly green energy subsidies that drove up Americans’ energy bills. When he took the gavel, I said he was the right man at the right time for one of the toughest jobs in Washington. He has proven that to be true.” —Tom Pyle, President, Institute for Energy Research
“From one Speaker to another, I want to congratulate Speaker Johnson on his third anniversary as Speaker of the US House of Representatives. Against all odds, against daunting challenges, and against the relentless unfair and downright ridiculous criticisms of the left and the comms team known as the national corporate media, Speaker Johnson has delivered for the American People. And most importantly, he as stood in the gap as a beacon of hope, freedom, and liberty, always reminding us that America’s better days lie ahead of it for those that want to join him in protecting, preserving, and advancing the American Dream.” —Former Missouri House Speaker Tim Jones, Founder, Leadership for America
“Speaker Johnson has proven himself to be a tested, steadfast, and faithful leader. The House Republican Conference is more unified, more spiritually grounded, and stronger because of his leadership. Liberty Counsel Action is proud to call Speaker Johnson a friend.” —Mat Staver, Founder & Chairman, Liberty Counsel Action
“We applaud Speaker Johnson’s commitment to mothers and babies across the country, his strong bold pro-life witness, and his passion for protecting every life. Defunding Big Abortion back in 2025 was a critical achievement that would not have been possible without his incredible leadership. We are grateful for his continued dedication to defending life and in advancing policies that support moms, babies, and their families through pregnancy and beyond.” —Hayden Sledge, March for Life Action
“Speaker Johnson has made confronting the Chinese Communist Party’s economic and national security challenges a clear priority for the House. His support for legislation to safeguard sensitive supply chains and restrict American investment in China’s military modernization has helped translate concern about China’s predatory actions into concrete action. That sustained focus is essential to protecting America’s security and economic leadership.” —Leland Miller, Commissioner, U.S.-China Economic & Security Review Commission
“Throughout his three-year tenure, Speaker Mike Johnson has been a tremendous leader and ally in pressing for limited and responsible government, policies that promote economic growth and prosperity, and a national security policy that puts the American people first but also recognizes the importance of supporting strong allies like Israel.
“Grounded in his faith and a commitment to constitutional conservative principles, Speaker Johnson has also been a tireless and effective advocate for strong families and the sanctity of human life. His relentless and principled leadership was decisive in securing passage of the One Big Beautiful Bill/Working Families Tax Cut Act. This landmark legislation saved and expanded tax relief for families and small businesses, achieved the largest national expansion of K-12 education choice ever, and secured a critical ban on funding of large abortion providers.
“We are deeply appreciative of Speaker Johnson’s principled leadership and the partnership we have enjoyed with his talented and accessible team. We look forward to ongoing collaboration with Speaker Johnson and his team throughout the remainder of this legislative term and in the years ahead.” —Star Parker, Founder, Center for Urban Renewal and Education
“The Association of Christian Schools is grateful for Speaker Johnson’s three years of service as Speaker of the House. He has proven himself a champion of Christ, working for the good of all Americans. We are especially grateful for his work to advance school choice in the Education Freedom Tax Credit, which will open up educational opportunities for millions of children. His commitment to religious liberty is a hallmark of his leadership which is significantly noteworthy and appreciated. Thank you, Speaker Johnson.” —P. George Tryfiaties, Vice President for Public Policy & Legal Affairs, Association of Christian Schools International
“In his three years at the helm, Speaker Johnson has shown the world that he leads to accomplish what is right, not what is easy. He has stood with America and Israel when such was not always politically expedient. CUFI’s more than 10 million members will always appreciate his courage, leadership and steadfast support.” —Pastor John Hagee, Founder & Chairman, Citizens United for Israel Action Fund
“Speaker Mike Johnson has been a stalwart champion of protecting religious liberty, combating antisemitism, and expanding educational freedom. Agudath Israel of America particularly appreciates the Speaker’s leadership in advancing the historic Federal Scholarship Tax Credit, which will help expand educational opportunities for millions of families across the country, regardless of the type of school their children attend. We are also deeply grateful for the Speaker’s open-door policy and the accessibility of his office, which has consistently welcomed our input, listened to the concerns of the Orthodox Jewish community, and worked with us on issues that matter most to the families we represent.” —Rabbi AD Motzen, National Director of Government Affairs; & Rabbi Yossie Charner, Director of Congressional Affairs, Agudath Israel of America
“NRB appreciates Speaker Mike Johnson’s steadfast leadership and the work House Republicans have undertaken over the past three years to defend religious liberty, protect free speech, and uphold our nation’s founding principles. For Christian communicators, these freedoms are vital to sharing the Gospel and serving our communities. We are grateful for Speaker Johnson’s willingness to bring his faith and convictions to public service, and we look forward to continuing our work together to ensure that religious voices remain free to speak in the public square.” —Troy Miller, President & CEO, National Religious Broadcasters
“Speaker Johnson navigated a narrow Republican House majority to enact historic Medicaid reforms to protect the program for the most vulnerable, limit egregious state financing schemes, and reduce waste, fraud, and abuse in the program.” —Brian Blase, President, Paragon Health Institute
“Three years in, Speaker Johnson has governed with a steadiness and respect for first principles that’s increasingly rare in Washington. The Coalition for Jewish Values has valued having a Speaker who takes religious liberty seriously, and we’re glad to mark this anniversary with him.” —Rabbi Yaakov Menken, Executive Vice President, Coalition for Jewish Values
“Speaker Johnson has championed free-market policies like lower taxes, education freedom, and One Door to Work to encourage economic growth and create pathways to work and self sufficiency. We are grateful for his leadership on these issues for Louisianans and all Americans.” —Daniel Erspamer, Senior Vice President, Pelican Institute for Public Policy
“Thank you Speaker Johnson most importantly for your steadfast commitment to your Lord & Savior and the example you give. Thank you for all you’ve done to advance conservative principles from tax reform to school choice and promoting American exceptionalism. You’ve held the coalition together and advanced conservative policies that help every American keep more of their hard earned money, educate their kids and further the American dream.” —Chris Burger, Founder & CEO, Rotunda Public Affairs
“With a razor-thin majority, Speaker Johnson has achieved nothing short of a miraculous results for the American people. As chief architect of the American family tax cuts in the one big beautiful bill he never forgot about following through on promises made to the taxpayers. The record of the GOP majority deserves affirmation by the voters.” —Gary Marx, President, Madison Strategies
“Parents Defending Education Action thanks Speaker of The House, Mike Johnson for his 3 years of service in Congress. Speaker Johnson has been a champion for American children and families. Bringing a spirit of cooperation and conviction, the Speaker has supported and championed many of Parents Defending Education’s issues such as parental rights, transparency in our education systems, combatting our foreign adversaries, standing up to teacher’s unions and transgenderism, and improving our K-12 public schools and Institutions of Higher Education. We are proud to continue in our collaborative efforts with Congress and the Speaker to continue to bring about the Golden Age of America.” —Dr. Terry Stoops, Director of Government Affairs, Parents Defending Education Action
“Heartland Impact congratulates Speaker Mike Johnson on three years of leadership and commend the Republican majority in Congress for advancing lower taxes, American energy production, and relief from federal overreach. Building on the One Big Beautiful Bill’s expansion of access to American energy resources, we look forward to working with the next Congress to streamline permitting, expand reliable power generation, and deliver more affordable, more reliable energy for American families and businesses.” —Cameron Sholty, Executive Director, Heartland Impact
Industry Leaders
“Speaker Johnson and his leadership team have been steadfast champions of American energy, delivering real results that strengthen our economy and benefit families across the country. From securing pro-growth tax policies to overturning burdensome regulations through the Congressional Review Act and advancing critical permitting reforms, they have helped lay the groundwork for a new era of American energy dominance. As Speaker Johnson marks three years leading the House, we applaud his leadership and the entire House Republican leadership team for delivering wins that will benefit Americans for generations to come.” —Mike Sommers, President & CEO, American Petroleum Institute
“Over the past three years, Speaker Johnson has helped advance policies that matter to the small and family-owned businesses that drive America’s lighting industry. Our industry includes small and mid-sized lighting manufacturers, distributors, and showrooms across the country. The tax relief enacted under Speaker Johnson’s leadership, including making the small business deduction permanent, improving expensing provisions, and reducing the burden of the estate tax will help lighting businesses reinvest, support their employees, and transition to the next generation of leadership. ALA recognizes the importance of Speaker Johnson’s efforts to build consensus across the aisle and keep the essential operations of government functioning. Predictability and stability matter to our members as they make long-term investments, navigate economic challenges, and serve customers nationwide. As Speaker Johnson marks his third anniversary leading the House, we appreciate the progress made on policies that strengthen our small businesses and look forward to working with Congress to build on that progress in the years ahead.” —Jon Melchi, President & CEO, American Lighting Association
“Over the past three years, Speaker Mike Johnson has played a key role in advancing policies that matter to Louisiana’s sugarcane industry and American agriculture, including the significant farm safety net improvements included in the Working Families Tax Cuts. The American Sugar Cane League appreciates the Speaker’s leadership and continued engagement on issues affecting our growers, processors, and the rural communities that depend on a strong domestic sugar industry. We look forward to building on that work in the years ahead.”—Jamison Cruce, Vice President of Government Relations, American Sugar Cane League
“Over the past three years, Speaker Johnson has helped advance important priorities for America’s closely held businesses and the housing industry. From delivering tax relief for private businesses to passing the ROAD to Housing Act, this Congress has taken concrete steps to encourage investment, support economic growth, and address barriers to housing development. As a builder of residential communities primarily serving low-maintenance buyers, we understand the importance of policies that make it easier to build homes and create vibrant communities that help homeowners age in place with dignity. We appreciate Speaker Johnson’s leadership on these priorities and look forward to additional efforts in Congress to support private businesses, increase housing opportunities, and strengthen communities across the country.” —Nanette Pfister, Vice President of Public Affairs, Epcon Communities
“As Speaker Mike Johnson enters his third year of leadership, forest landowners have good reason to appreciate the progress Congress has made in strengthening America’s working family forests. Tax cuts for small and family-owned businesses, expanded opportunities to immediately expense investments, and meaningful death tax reductions provide greater certainty for forest landowners to invest in their land, support rural jobs, and pass down their legacy after a lifetime of hard work. We also commend Speaker Johnson and Congress for advancing the Emergency Conservation Program Improvement Act, which strengthens USDA’s Emergency Forest Restoration Program and Emergency Conservation Program. These reforms will help family forest landowners access disaster recovery assistance more quickly, including advance cost-share payments that can make an immediate difference when wildfires, hurricanes, and other natural disasters devastate working forests. We appreciate Speaker Johnson’s steadfast leadership and are committed to continuing to ensure that family forest owners have the tools they need to keep America’s forests healthy, productive, and working for generations to come.” —Scott Jones, CEO, Forest Landowners Association
“Over the past three years, Speaker Mike Johnson has demonstrated focused, results-oriented leadership in advancing policies that strengthen small businesses, encourage entrepreneurship, and support economic growth. From historic tax relief and improved access to capital to regulatory reform, health care affordability, and making government more responsive and accountable, the House has compiled an impressive record of legislative accomplishments under his leadership. Moreover, many of these initiatives have attracted bipartisan support, demonstrating that meaningful progress is possible when lawmakers work together on addressing challenges or key issues that require change. Speaker Johnson deserves recognition for his steady leadership, commitment to getting things done, and efforts to create a stronger environment for America’s entrepreneurs and small businesses.” —Karen Kerrigan, President & CEO, Small Business & Entrepreneurship Council
“Three years ago, Mike Johnson took the Speaker’s gavel at a moment of uncertainty for the country. Since then, he has led the House with discipline, humility and unwavering integrity. Speaker Johnson has delivered significant results for American employers, including permanent tax relief for families and job creators and expanded support for domestic energy production. Those achievements strengthened the business climate and gave employers, in Louisiana and across the country, greater confidence to invest, expand and create jobs. We are proud to see a Louisianan serving in one of the nation’s most consequential positions, and we are grateful for his service to our state and country. On behalf of LABI and the employers we represent, we congratulate Speaker Johnson and commend his commitment to advancing policies that strengthen free enterprise, expand economic opportunity and secure a stronger future for Louisiana and our nation.” —Will Green, President & CEO, Louisiana Association of Business and Industry
“Three words have come to mind while watching Speaker Johnson. First, relentless, which matches the sooner-or-later Speaker Johnson wins on the floor part of his Speakership – even with his mere 2-vote margin and many political atmospheric challenges facing the country, spanning economic, military, scientific (AI), and cultural – he keeps winning floor votes.
“Second, indomitable matches the word on the street in Washington, DC: ‘don’t bet against the Speaker’—he can’t be subdued.
“But dauntless fits best because he isn’t afraid to take tough votes or even lose them to find and solve for the ‘Nos,’ to get them to ‘Yes.’ In fact, he specializes in having the House take tough votes and win them.
“Not surprisingly, the Speaker consistently delivers legislation that, you know, actually passes on the House floor. It takes courage, focus, and humility. If you could pick a single person built for this job, it would be Speaker Johnson.” —Dan Perrin, Founder, HSA Coalition
“In law enforcement, we don’t have the luxury of talking problems to death. People expect us to act, make tough decisions, and deliver results. Speaker Mike Johnson understands that leadership isn’t about making promises; it’s about keeping them. His work to deliver tax relief on overtime is a perfect example of turning promises into action and standing up for the hardworking men and women who serve our communities and provide for their families.”—DeSoto Parish Sheriff Jayson Richardson, Board Member, Public Safety Officer Medal of Valor Review Board
“Speaker Johnson has been a champion for local franchise small businesses, providing them with essential tax relief and long-term certainty to operate their business. Last year’s tax bill was a major victory for Main Street franchise owners and the millions of workers they employ, providing them with certainty that key tax provisions will remain in place to support their businesses and encourage future growth. Looking ahead, the 119th Congress still has an opportunity to provide America’s 832,000 local franchise businesses certainty on their business model, by finishing the job on the American Franchise Act. We thank Speaker Johnson for all he has done to help millions to achieve the American Dream of business ownership and success.” —Michael Layman, Chief Advocacy Officer, International Franchise Association
“Family businesses are the backbone of the American economy. They create the majority of jobs in the country, enrich their local communities, and drive economic growth. As Speaker Mike Johnson celebrates three years, we recognize the legislative progress made under his leadership to support the success of these family businesses and their workforces. Tax relief for family owned and operated businesses of all sizes, expanded expensing, permanence in the deduction for qualified business income, and more protection against the death tax give family businesses from hundreds of different American industries greater flexibility to invest in new business equipment, expand, and hire additional workers. These policies will help family businesses preserve what generations have worked together to build and make it possible for many more family-owned manufacturers, distributors, and farmers to pass their businesses on to the next generation.” —Palmer Schoening, Chairman, Family Business Coalition
“I’ve had the chance to spend time with Speaker Johnson, and what stands out is how much he cares about the people behind the policy, the families, small business owners, and retirees working to build a secure future. That care has shown up in the results. Over the past three years, he has helped usher in policies that give families the certainty to plan with confidence, including Trump Accounts that give the next generation a head start on saving. Our members, financial security professionals, see every day what that means for the families they serve. Together, we are building a future of Financial Security for All.” —Marc Cardin, CEO, Finseca
“Rules are infrastructure. Under Speaker Johnson, the House built them: GENIUS is law, and CLARITY passed 294 to 134. Do the same for AI, and the next great companies get built here.” — Arjun Sethi, Co-CEO, Kraken and Payward
“We are grateful for Speaker Johnson’s leadership style that is centered around an uncanny ability to remain calm and stay focused on building consensus. It is both admirable and inspiring! His actions prove that he recognizes the indispensable value of the construction industry to the American economy.” —Reldon Owens, CEO, Louisiana Associated General Contractors
“Speaker Mike Johnson inherited a generational farm economic crisis from his first day on the job. Since that time, Mike has stood with farmers and ranchers time and again to make the largest investments in sustaining agriculture that our government has ever provided. The Working Families Tax Cut Act being the most significant of those, making Farm Bill programs relevant again to protect our nation’s food security. As Speaker, Mike Johnson has also stayed true to his Louisiana roots. Every single year Mr. Speaker has shown up at home saying, ‘just call me Mike,’ while wanting to hear from his farmers on the ground. That speaks volumes to his leadership style for folks like us. Congratulations on three years Speaker Johnson! Farmers and ranchers across this country appreciate your service, especially the ones from home. We look forward to what else we can accomplish with you in the days ahead.” —Richard Fontenot, President, Louisiana Farm Bureau
“At a time when our nation needed a steady hand and strong leader, we are thankful it turned to Speaker Mike Johnson. Having a Speaker who knows the importance of American energy dominance and has the vision to achieve it is indispensable, especially in this time of uncertainty around the globe. Our nation is certainly stronger today with the leadership of Speaker Mike Johnson than we could be without him.” —Tommy Faucheux, President, Louisiana Mid-Continent Oil & Gas Association
“As Speaker Johnson marks three years as of service, the electrical distribution industry is grateful for the important legislative wins he has been able to secure. From making the 20 percent small business deduction permanent and providing estate tax relief, to immediate expensing and expanding 529 accounts to support career and technical education, these policies provide greater certainty for businesses and help strengthen America’s workforce. Speaker Johnson’s work to advance permitting reform through the House is another important step toward reducing unnecessary delays and accelerating the transmission and energy infrastructure projects our country needs to meet growing demand for reliable power. Together, these accomplishments will help electrical distributors invest, grow, and continue supporting the buildout of America’s energy infrastructure.” —Bud DeFlaviis, Director of Government Affairs, National Association of Electrical Distributors
“Congratulations to Speaker Mike Johnson on three years leading the People’s House. This Congress has demonstrated the importance of working across the aisle to address the challenges facing American families. The bipartisan, bicameral, and near-unanimous support for the 21st Century ROAD to Housing Act reflects a shared commitment to advancing housing affordability and expanding opportunities for more Americans to achieve the dream of homeownership.” —Shannon McGahn, Executive Vice President & Chief Advocacy Officer, National Association of REALTORS
“On behalf of the National Electrical Contractors Association and our more than 4,500 members, I would like to thank Speaker Johnson and congratulate him on all the tremendous work House Republicans have accomplished under his leadership.
“Most NECA members operate family-owned, pass-through businesses and the Working Families Tax Cut made the Section 199A small business deduction permanent. Had that provision not been included, the people working to wire our homes, hospitals, schools and businesses would’ve seen an enormous tax hike.
“NECA also greatly appreciates Speaker Johnson and House Republicans’ work to cut through permitting delays, allowing our members to build long stalled transmission projects through legislation like the SPEED Act. Under Speaker Johnson’s leadership, the House has shown it understands what it takes to secure America’s energy future and NECA is proud to stand with him.” —David Long, CEO, National Electrical Contractors Association
“NLBMDA congratulates Speaker Mike Johnson on his third anniversary as Speaker of the House. Over the past three years, Congress has made meaningful progress on policies that support the lumber and building material industry, including providing greater tax certainty and relief for small businesses and advancing bipartisan solutions to address our nation’s housing challenges. These accomplishments are important to the thousands of businesses that supply the materials needed to build and improve homes across the country. We appreciate Speaker Johnson’s leadership in advancing these efforts and look forward to continuing our work together to strengthen American enterprise, promote economic growth, and reinforce the vital role of the LBM industry in our nation’s economy.” —Jonathan Paine, President & CEO, National Lumber & Building Material Dealers Association
“NAB congratulates Mike Johnson on his three-year anniversary as Speaker of the House. We appreciate his deep understanding of the vital role local broadcasters play in our communities, and his leadership in supporting policies that enable our trusted local journalism and lifeline services.” —Curtis LeGeyt, President & CEO, National Association of Broadcasters
“With Speaker Johnson marking his third anniversary as Speaker of the House, we recognize the importance of policies that help our members grow and create jobs. Estate tax relief, making the 20 percent small business deduction permanent, immediate expensing, and allowing 529 accounts to cover career and technical education are important wins for our members. We appreciate the Speaker’s focus on promoting careers in the skilled trades. Developing the next generation of skilled workers is essential to the future of the petroleum equipment industry and the communities we serve. PEI thanks Speaker Johnson for supporting the businesses and workers who keep America’s petroleum equipment industry strong.” —Jason Blake, President, Petroleum Equipment Institute
“For three years, Speaker Johnson has brought impactful leadership to Congress, and SEMA and the small businesses and manufacturers of the automotive aftermarket industry have benefited greatly. The legislation that Speaker Johnson has shepherded during his tenure have been necessary boosts to our nation’s economy and personal liberties; from stopping electric vehicle mandates that would have forced Americans into cars and trucks that do not meet their needs, to backing small businesses and innovators through permanent, reduced tax rates, to increased deductions for small businesses. Our automotive aftermarket industry is stronger and better positioned for future growth and success because of our champions in Congress like Speaker Johnson.” —Karen Bailey-Chapman, Senior Vice President of Public and Government Affairs, Specialty Equipment Market Association
“As Speaker Johnson marks three years leading the House of Representatives, the National Association of Manufacturers recognizes his leadership in helping secure passage of H.R.1, the most pro-manufacturing tax law in a generation. By making critical pro-growth tax provisions permanent, this landmark legislation has provided America’s manufacturers with the certainty they need to invest, create jobs, raise wages and strengthen communities across America. We appreciate Speaker Johnson’s work to advance policies that strengthen manufacturing competitiveness and look forward to building on this progress.” —National Association of Manufacturers
“From repealing unworkable EV mandates to enacting landmark tax reform that will make it easier for job creators to plan and invest, Speaker Johnson has delivered significant wins for America’s truckers.  On behalf of the 8.4 million hardworking men and women who keep our supply chain moving, we want to thank the Speaker for his leadership and service.” —American Trucking Association
“The tax and reconciliation package led by Speaker Johnson and House Republicans provides businesses and workers with greater certainty to plan, invest and grow. We appreciate the caucus’ work to deliver that certainty, and look forward to continued leadership on permitting reform to support investment in America’s infrastructure and economy.”—Association of American Railroads
“The National Cotton Council commends Speaker Mike Johnson for his strong leadership and unwavering commitment to American agriculture. So far during his tenure, Congress has delivered critical economic assistance to producers and secured historic improvements to the farm safety net through the Working Families Tax Cuts Act. We look forward to continuing to work with Speaker Johnson to expand opportunities for U.S. cotton.” —National Cotton Council
“We appreciate Speaker Johnson’s leadership that has put American workers and American manufacturing at the center of the agenda. The Working Families Tax Cuts advanced those priorities through critical provisions, including no tax on overtime and expensing for manufacturing equipment, helping our workers keep more of what they earn, and steelmakers invest in America’s future.” —Steel Manufacturers Association
“We first met Speaker Mike Johnson while he was serving in the state legislature and since that time he has consistently advocated for and supported efforts to create a reasonable regulatory environment that allows banks, their customers, and their communities to reach their potential.  Just as important as his support for helpful legislation, has been his opposition to measures that would create unnecessary roadblocks to economic growth.  As the first person representing Louisiana to hold the position of Speaker of the U.S. House of Representatives, we thank Speaker Johnson for his leadership and commend him for his accomplishments.” —Louisiana Bankers Association(Historical earnings: For fiscal 2026Q2 (period ended 2026-06-30), Cloudflare reported basic and diluted EPS of -0.55, net income of -USD 0.193 billion, and revenue of USD 1.336 billion. Consensus expectations: For the next upcoming event (2026Q3, event date 2026-11-05), consensus EPS is 0.02 and consensus revenue is USD 0.745 billion.)

10/100·CNeutral+30

meme10/25meme

@alveejack1 @agenticscredit A score that reads both records says more than one that reads trades alone. Trade history is public, and so are deployments: what an agent built, what it paid to run it, whether it stayed up. Reply to @alveejack1: gm gm CT agents can already trade alone. what they can't do is prove they deserve capital that's the gap @agenticscredit is filling every onchain trade is public, but nobody was turning that history into a real credit record. now there's an Agentic Credit Score, 300 to 850. hit 580 and you join the funding waitlist. below that, you paper trade under their risk engine until the track record catches up credit doesn't touch your wallet either. they deploy constrained capital from their own wallets to approved venues, with hard position and leverage ceilings. first venue is Avantis on Base so the model is simple: prove it on paper, keep the upside when real credit opens. no resume, no screenshots of pnl, just a score built from profitability, consistency and drawdown ai agents are going to move serious money. without a credit layer, that whole stack stalls. this is the boring infrastructure piece most people skip, and the one that actually matters

10/100·CNeutral+1

news10/24news

OVERTRADING

October 10, 2025

i had what would become the single biggest one-day loss of my career

i lost eight figures in minutes due to systemic failures on the biggest CEXs, and to this day, no one has taken accountability for what happened

my losses made headlines and became one of the biggest stories to come out of that day

but what many people don't know is what happened in the weeks and months that followed

i lost several million more

and i did it by making one of the biggest mistakes traders like me tend to make:

OVERTRADING

in hindsight, i would have been far better off shutting everything down for the next few months or even quarters

i probably would have become a much better trader if i had simply stayed away from the computer for at least six months

but a part of me was desperate for action

a part of me wanted to make it all back

a part of me wanted to prove that i still had what it takes and that i would get back on my feet

i wanted to 'work'

and sitting back, doing nothing, and staying away from the computer for a prolonged period didn't feel like work

except that, for a trader, being AFK can sometimes be the most important work you do

one of the biggest mistakes i made — and that many traders make — is assuming that skill, experience, and process are enough to consistently outperform the market

they aren't

believe it or not, successful trading is often a combination of skill, favorable market conditions, timing, and luck

as a Christian, i attribute the 'luck' component to GOD's blessings and favor rather than sheer luck

but the underlying principle remains the same:

our biggest wins often come from combining a solid process with being in the right place at the right time

sometimes, that means catching a single exceptional trade

other times, it means being positioned during a streak of opportunities that emerge in quick succession because market conditions are overwhelmingly in your favor

for example, you could have been a memecoin god simply by being active in the market during the explosive memecoin era of 2021, which produced $DOGE, $SHIB, $FLOKI, and several other billion-dollar runners

many traders made life-changing money during that period

but the same sophisticated processes that helped some of us make 7, 8, or even 9 figures during the bull market would have failed miserably in the bear market that followed in 2022

the same principle applies to the 2024–early 2025 era, which produced several multibillion-dollar runners like $WIF, $POPCAT, and $FARTCOIN

and then the prolonged dearth of opportunities after $TRUMP leading to 10/10 and the almost one-year period following

the point is simple:

the edge that makes you money in one market environment won't necessarily make you money in another

and one of the most important skills you can develop as a trader is recognizing when your edge is no longer there

sometimes, the best trade is no trade at all

sometimes, the smartest thing you can do is take a bow, step away, and wait for the next opportunity

even if only temporarily

it's almost impossible to consistently beat the market over a sufficiently long timeframe

but as crypto traders, we have one significant advantage:

we don't need to outperform the market every single day, week, or month to generate exceptional returns

historically, crypto's bull phases have tended to occupy a disproportionate share of the cycle, with bear phases accounting for a smaller portion

using one historical framework, the bull phase averages approximately 1,060 days, or 74% of the cycle, while the bear phase averages around 380 days, or 26%

but if your definition of a bull run is narrower — i.e. a period of explosive momentum when $BTC trades above its 200-day moving average and much of the cycle's biggest price action occurs — then the window becomes significantly shorter

under that framework, we're talking about approximately 237 days, or around 16% of the cycle

these figures are estimates based on particular definitions of market phases, not universal constants

but the broader lesson remains:

you don't need to trade every market. you need to recognize the windows when your edge is strongest and capitalize on them

for the rest of the time, there's nothing wrong with stepping away entirely or trading only with a tiny fraction of your portfolio that you can comfortably afford to lose

preserving your capital, your mental clarity, and your ability to recognize the next major opportunity is far more important than forcing trades in unfavorable conditions

because the goal isn't to be active all the time

the goal is to be positioned when it matters most

and to have the discipline to do nothing when it doesn't

to conclude, i only wish i had followed this advice myself

hopefully, i'll do a better job of applying it going forward, GOD WILLING

10/100·CNeutral+13

news10/24news

PROM: August and September Recap Two months, two feeds, and not a word from us in either direction. Fixing that now. We know a recap for August and September is late in October. We are not going to invent a reason for that. The months where the most gets done are exactly the months where nobody stops to write anything down. 𝗧𝗛𝗘 𝗠𝗔𝗥𝗞𝗘𝗧 𝗠𝗢𝗩𝗘𝗗 𝗙𝗜𝗥𝗦𝗧 In August, the price rose roughly fourfold, from about $1.63 at the start of the month to $6.45 at the end, peaking near $6.94 on August 30. The listing on Bithumb's KRW market on August 24 reinforced an existing trend: the sharp move began around August 12, and the listing landed in the middle of it and pushed it further. September is the part we find more interesting. The price did not give the level back. The month closed around $5.96, which is below the peak and well above where August started. A fading spike is a reaction to news. A level that holds for a month is a re-rating. We won't pretend we know exactly why the market decided that. What we can tell you is what was being built underneath it, because all of it is public and none of it was announced. 𝗪𝗛𝗔𝗧 𝗧𝗛𝗘 𝗧𝗪𝗢 𝗠𝗢𝗡𝗧𝗛𝗦 𝗟𝗢𝗢𝗞 𝗟𝗜𝗞𝗘 83 commits across three services. 45 in August, 38 in September. Three developers. Twelve partnership announcements. One exchange listing. Nine Solidity contracts, built and tested with Foundry, two of the three services with their contracts deployed and verified on-chain. Two feeds carried it all: the repositories and the announcements channel. Neither of them is a place where we explain ourselves, so two months went by without a summary. 𝗔𝗨𝗚𝗨𝗦𝗧: 𝗦𝗘𝗖𝗨𝗥𝗜𝗧𝗬, 𝗔𝗡𝗗 𝗚𝗘𝗧𝗧𝗜𝗡𝗚 𝗢𝗡𝗧𝗢 𝗔 𝗖𝗛𝗔𝗜𝗡 In August, the project stopped being three services on a developer's machine. The Agent Layer took the whole security layer in one go. A JWT guard with a strategy and a public route decorator, refresh token rotation backed by a revocation list, scrypt hashing with constant-time comparison. Then API keys on top, because an agent calling another agent won't sit through an interactive login, and machine-to-machine traffic needs its own credential. Roles for agents, operators, and admins. Rate limiting that knows to skip the health endpoint. An input sanitization pipe that parses DIDs and Ethereum addresses instead of trusting whatever arrives in the field. CSRF middleware, security headers, an audit log for every mutating operation, and a written threat model rather than one carried around in somebody's head. One commit in that batch matters more than the rest. We now reject agent registration when the DID controller is unverified. An identity layer that accepts identities it cannot verify is not an identity layer. The Verification Network spent August moving onto a real chain, on our internal network. We deployed the verifier and dispute registries with deployment scripts, an address registry loaded per network so nothing is hardcoded, contracts verified on the explorer, and a deployment document with addresses and a rollback path. That is where a chain stops being a diagram. Verdict finalization became reorg-safe behind a block-confirmation policy, so a verdict isn't treated as final until the chain agrees it happened. Nonce collisions got handled, because verdicts will arrive at the same moment. Receipts are polled with a timeout and backoff instead of being waited on optimistically. A test runs the whole verdict flow against a fork of that network, and dispute escalation has end to end coverage. Payment Rail spent August on instrumentation and the beginning of a pipeline: escrow and stream gauges with per chain labels, alert thresholds with on call routing, and the first half of a CI setup. 𝗦𝗘𝗣𝗧𝗘𝗠𝗕𝗘𝗥: 𝗧𝗛𝗘 𝗣𝗜𝗣𝗘𝗟𝗜𝗡𝗘 𝗔𝗡𝗗 𝗧𝗛𝗘 𝗣𝗥𝗢𝗧𝗢𝗖𝗢𝗟 September split cleanly in two. Half of it went into making the work repeatable, and half into making the protocol do something new. Payment Rail finished its pipeline. Lint, build and unit tests on every pull request. A Postgres service container so the end-to-end suite runs inside the pipeline rather than on somebody's laptop. Contract tests with Foundry on every pull request. A coverage summary that fails below a threshold. A multi-stage production image with a non-root runtime, pushed to the registry only after a vulnerability scan. A staging deploy on every merge to main. Semantic release tagging, Dependabot, and commit message enforcement. There was also one day in September that was eleven commits of pure repair, and we would rather say so than quietly squash it. An eslint config and the fixes for everything it surfaced. An import that had to be a default import before the e2e suites would compile. A scanner action version that actually exists. Endpoints returning the status code they were supposed to return. A rate limit exemption that had only appeared to be an exemption. Nothing there is interesting on its own. Together it is the difference between a pipeline that is green and a pipeline that is green for a reason. Then the protocol work, which is the part we are most pleased with. Payment Rail went multichain. There is now a chain registry holding per-network confirmation requirements and gas policy; the blockchain service sits behind a chain-agnostic provider instead of assuming one network, and escrow addressing carries the chain ID inside the session key. And streaming moved to v2. Accrual is per second, with checkpoint claims rather than one settlement at the end. A stream can be topped up while it runs. A rate can be changed mid-flight, with the already accrued amount prorated correctly rather than recalculated from the new rate. That last one sounds small, but it isn't: it is the difference between a payment stream you can renegotiate and one you have to tear down and rebuild. The accrual logic is covered by property tests against a reference model, because arithmetic that runs every second is arithmetic you do not want to be approximately right. The Verification Network closed out observability over teh same weeks: structured logs with correlation ids, Prometheus metrics, per controller latency histograms, gauges for validators, jobs and disputes, tracing that follows a request through the blockchain calls, dashboards, alert rules for verdict backlog and dispute rate, and a load profile. Load testing is useful mainly because it shows where you were wrong, and it did: the N+1 queries in job listing and validator lookups are gone. The Agent Layer followed the Verification Network onto the chain, with the same reorg safe confirmations, the same nonce handling, and end to end coverage for pricing updates and metering. 𝗧𝗪𝗘𝗟𝗩𝗘 𝗣𝗔𝗥𝗧𝗡𝗘𝗥𝗦𝗛𝗜𝗣𝗦, 𝗔𝗡𝗗 𝗧𝗛𝗘𝗬 𝗔𝗥𝗘 𝗡𝗢𝗧 𝗔 𝗖𝗢𝗟𝗟𝗘𝗖𝗧𝗜𝗢𝗡 Three announcements in August, nine in September. PoPP builds identity out of on-chain behaviour. Quack AI builds governance, policy and mandates for agents. ARO Network and Cottonia AI supply capacity, edge nodes and distributed compute. HiiT World runs a real-time market for signals, Astrix prices probabilities through prediction markets. Axiomos signs AI-generated content at the moment of creation, Mintellect AI brings patents and intellectual property on chain. Noma Network lends to agents themselves rather than to the people who own them. Alphio AI turns stated intent into executed trades. Noos Protocol builds agent infrastructure and an ecosystem around it. Qitmeer works on L1 throughput and settlement finality. Read the list again and a pattern shows up. Every one of them answers a question an agent has to answer before it can act: who can be trusted, what am I allowed to do, where do I run, what do I act on, how do I prove what I made, what do I start with. And every one of those answers currently stops short of money. Identity says who is trustworthy and nothing happens. Provenance says where something came from and nothing happens. A probability resolves and somebody reconciles it by hand. That is the shape of the gap we keep writing about, and it is why these particular categories and not a pile of AI logos. How we choose, in what order, and what is still missing from that map is a longer conversation than a recap can hold. We are writing it as a separate article. 𝗪𝗛𝗘𝗥𝗘 𝗧𝗛𝗜𝗦 𝗪𝗔𝗦 𝗔𝗧 𝗧𝗛𝗘 𝗘𝗡𝗗 𝗢𝗙 𝗦𝗘𝗣𝗧𝗘𝗠𝗕𝗘𝗥 All three services had their foundation, hardening and security phases behind them. Two of the three had contracts deployed and verified on-chain. One had a green pipeline deploying to staging on every merge. One thing we want to be precise about, because it's easy to oversell. The network those contracts run on is ours and it is internal. A testnet is something else: a testnet is when anyone can come and try it, which puts it one step away from production. We are not there yet. When we are, you will not have to work it out from a commit log. In late September, the commits slowed down, and that was deliberate. What was left was not a feature list. It was a set of questions that get answered once or get rewritten later: what a single settlement costs when there are a million of them, what counts exactly once when the service and the chain disagree, who pays which fee, what happens when a task is canceled halfway, and how to keep validators from agreeing with each other for the wrong reasons. That is where September ended. The next recap picks it up from there, and it will not take two months to arrive. Everything above is public as it lands. github.com/prom-io🚀

20/100·CNeutral+6

news10/23news

Proof of Reserves: What It Means for Exchange Trust The Trust Deficit For most of the crypto industry's history, users who deposited assets with an exchange simply trusted that the funds were there. FTX ended that complacency when it collapsed in 2022, with investigators finding that billions in customer deposits had been quietly diverted to its affiliated trading firm, leaving a shortfall of roughly $8 billion. The collapse exposed that exchange users simply had no independent way to verify whether their balances were backed at all. Proof of reserves (PoR) emerged as the industry's response. Rather than asking users to trust a private ledger, PoR draws on verifiable evidence, including onchain data, cryptographic proofs, and independent third-party audits, to show that an exchange holds enough assets to cover what it owes. In the weeks after FTX failed, nearly every major exchange rushed to adopt PoR. The value proposition is straightforward: Verifiable Trust: PoR replaces blind trust with verifiable proof that customer assets are backed at least one-to-one. A Liquidity Signal: Because stablecoins are the settlement rails of crypto markets, verifiable backing of stablecoin balances also signals that it commands the dollar liquidity to honor redemptions and withdrawals under stress. How Proof of Reserves Works A PoR has two halves: Proof of Assets establishes that the exchange controls the onchain wallets it claims, usually through cryptographic signatures to prove ownership. Proof of Liabilities aggregates what the exchange owes its users. Proving liabilities relies on cryptographic tools such as Merkle trees and often zero-knowledge proofs (e.g., zk-SNARKs and zk-STARKs), which allow each user to verify that their own balance was counted in the total without seeing anyone else's. These proofs can be paired with independent third-party audits that validate the underlying liability data and attest that the reported figures reflect the exchange's actual customer obligations. Together, these methods balance transparency against privacy, opening the exchange's total obligations to public verification while keeping individual accounts confidential. The reserve ratio is calculated by dividing verified assets by total liabilities and should sit at or above 100%, confirming that every customer balance is fully backed. There are limits to PoR, however. A PoR is a snapshot that only verifies covered onchain assets at a single moment in time. On its own, it doesn't capture fiat or offchain holdings, reveal hidden or off-balance-sheet liabilities, or prove that assets weren't moved in and out of the reported wallets around the snapshot to pass the check. Nor can it prove exclusive control of those wallets, whose keys could in theory be duplicated or shared. Binance at the Frontier As the world's largest crypto exchange by trading volume, Binance has made reserve transparency central to how it competes for confidence among retail and institutional users. Having helped establish PoR as an industry baseline, it now sets itself apart by how far it goes past that standard. Technical Leadership: Binance open-sourced its zk-SNARK-based PoR verification system, letting other exchanges adopt the same method and setting a public benchmark for verifiable reserves. Reserve Backstop: The Secure Asset Fund for Users (SAFU) is an emergency insurance reserve Binance created in 2018. Bootstrapped from a portion of trading fees collected and held in publicly known onchain wallets, it holds around $1 billion, a buffer ready to cover any shortfall in customer balances. Deep Stablecoin Liquidity: Binance's PoR covers major stablecoins, including USDT and USDC, and its disclosures have shown both with reserve ratios well above 100%. It also holds the largest stablecoin reserves of any exchange by a wide margin. These are the assets users most often withdraw and settle in, so their coverage is the clearest indicator of whether the exchange can meet large-scale redemptions without disruption. Closing the Institutional Trust Gap Committing large capital requires assurances that PoR alone can't provide. While a necessary foundation, it is only one layer of the full stack. Among the assurances, institutions look for: Asset Segregation: Institutions expect customer assets to be kept distinct from the exchange's own funds, so client holdings can't be commingled with corporate assets. This segregation is the specific safeguard whose absence turned FTX's losses into customer losses. Regulatory Oversight: Institutions want exchanges operating under a recognized regulatory framework. Operating under that kind of oversight eases the compliance and counterparty risk that keeps regulated allocators on the sidelines. Insolvency Protections: Institutions want to know what protects their claims if the exchange becomes insolvent tomorrow. That means clear mechanisms such as insurance or emergency reserves, defined creditor treatment, and statutory protections that ring-fence customer assets in bankruptcy. Strategic Outlook Reserve transparency is on a clear trajectory. It is moving from periodic snapshots toward continuous, cryptographically verified assurance, and from a marketing badge toward a standard that converges with regulation and full audits. A track record of over-collateralization and open-source verification tools already sets incumbents like Binance apart. Active engagement with regulators positions them to help set the standard, as transparency becomes table stakes for institutional trust. Stablecoin reserves have become the most-watched metric for exchange trust. They prove users’ stablecoin balances are backed one-to-one, and hint at whether the exchange could meet a withdrawal rush. Trust in an exchange is no longer taken on faith. It's something retail and institutional users can verify directly. The exchanges that lead on transparency, and that stay ahead of where assurance standards are heading, will be the ones institutions are willing to build on.(Historical earnings: For 2026Q2 (period ended 2026-06-30), reported basic EPS of 0.42 and diluted EPS of 0.39, net income of USD 0.103 billion, revenue from contracts with customers of USD 75.207 million, and total revenues of USD 1.395 billion. Consensus expectations: Consensus for 2026Q3 expects EPS of 0.40 and revenue of USD 0.797 billion.)

20/100·CNeutral+10

meme10/23meme

SUCCINCT PATCHES SP1 BUG THAT COULD LET INVALID PROOFS PASS Native Rust verifiers accepting untrusted proofs must upgrade to v6.8.1, Succinct said. Onchain Groth16 and Plonk verification via Solidity was unaffected. Read more here: https://thedefiant.io/news/security/succinct-patches-sp1-bug-that-could-let-invalid-proofs-pass

72/100·B+Short

news10/22news

One User, Many Licenses: How Super Apps Are Rethinking Identity Picture a user who opens a crypto exchange app on a Monday morning to buy bitcoin. By lunch, they have swapped into a tokenized share of a US stock. By evening, they are using leverage on a NASDAQ perp, and before bed they have placed a position on an NFL game. They never leave the app, and they never log in twice. Behind the scenes, that single session touched four product lines, four regulatory regimes, and potentially four different licensed entities, each with its own rules on who is allowed in. The user sees one relationship. The platform has to prove, to several regulators at once, that it knew exactly who it was dealing with at every step. That gap between what the user sees and what the platform must answer for is quickly becoming the defining constraint on the largest consumer crypto platforms. In July 2025, perpetual futures of assets such as single-name stocks, commodities and stock indices, called RWA perps, saw trading volumes of ~$1.5B. Fast forward one year, and that figure reached ~$756B, with equity perps alone accounting for ~83% of that. Prediction markets followed a similar arc, where combined monthly trading volume across Kalshi, Polymarket and Polymarket US hit its own record of ~$72B in September 2026, a 16x increase year-over-year (YoY). Neither of these products is crypto in the traditional sense, as the former is more akin to legacy traditional finance (TradFi) brokers while the latter is akin to binary outcomes and, to an extent, sports betting. Despite that, both are increasingly offered through crypto platforms. The largest consumer-facing platforms are now becoming financial “super apps” that can offer crypto alongside equities, derivatives, payment cards and prediction markets, all under one account. This creates a different kind of identity problem, where each new product line comes with its own regulator, license and rules on who is allowed to use it. In short, one user, one app, but many licenses. This shift is already visible to the platforms building these super apps, several of whom have shared their thoughts and experiences in a series of interviews with Socure and The Block’s Research team. Jonathan Brockmeier, Chief Compliance Officer at OKX, which has expanded its product offerings beyond crypto trading into payment cards and tokenized equities, described identity as three separate decisions: Who a user is, whether they are eligible for a given product based on factors such as location, age or documentation like a passport or visa, and which licensed entity grants that specific permission, as one verified identity can span several product-level approvals across different licensed entities. Put simply, super apps have to answer three questions in order: Who is this person? Are they allowed to use this product here? Which licensed entity is granting access? Most platforms built for the first question and are now retrofitting for the other two. This primer is set to look at why identity, rather than product breadth, is becoming the biggest constraint on how far these super apps can scale further. From Exchange to Super App OKX, one of the largest crypto exchanges, has expanded into payments with OKX Pay and Card, live in Europe and Brazil, and also launched OKX Money, a stablecoin savings and spending app for emerging markets. They also have a joint venture with Intercontinental Exchange (ICE), the parent company of the NYSE, where OKX customers will have access to NYSE tokenized equities and ICE futures. OKX is already among the largest venues for RWA perps, accounting for ~14% of all RWA perps volume between July and September 2026, behind only Binance, while holding a MiCA license that allows it to serve customers across the European Economic Area. etoro, a multi-asset trading and investing platform, reported over 4.2M funded accounts in Q2 2026, up 18% YoY. Alongside its traditional brokerage and crypto products, it also offers an etoro Money account and card, with European issuance up over 30% quarter-over-quarter (QoQ). Through its acquisition of Zengo, etoro customers can trade tokenized assets on the blockchain using the non-custodial wallet. Additionally, etoro announced plans to acquire US broker TradeZero. On the other hand, Crypto.com took a different route, becoming a regulated US venue with CFTC licenses for derivatives and prediction markets, alongside its crypto exchange and Visa card. Despite the impressive headline growth numbers, it is worth pointing out that every product line on a super app has its own identity requirements. Buying crypto, trading NASDAQ perps, betting on an NFL game and paying with a card are, in effect, onboarded under several different regimes. Examples of this can be seen when Europe’s ESMA reminded firms that perps offered to clients likely fall under existing CFD product intervention measures, meaning leverage limits, risk warnings and a ban on trading incentives. Similarly, for prediction markets, Connecticut issued cease-and-desist orders to multiple platforms, while Missouri’s Attorney General did something similar, arguing prediction markets for sports are essentially unlicensed sports betting. The current norm is that a single check at a super app’s signup confirms who a user is. In reality, it cannot confirm whether that user is eligible for a specific product, in a specific location, at a specific point in time. Read down the right-hand column and the pattern is clear. Each row asks a different question about the same person. Crypto asks who the user is and who they pay. Perps ask whether they should be using leverage. Prediction markets ask where they are standing. A single signup check can only answer the first. Nevo Lapidot, Head of Crypto Compliance at etoro, which holds licenses across the world, follows a similar process, where identity is verified at onboarding, eligibility is treated as a technical decision based on jurisdiction and product rules, and suitability draws on each customer’s risk profile, so that complex products are not offered to users with only a basic understanding of financial products. OKX, on the other hand, organizes the entire process around the license itself. While the customer sees “one relationship,” each licensed entity keeps its own record of what was checked, how and when, in order to meet its own regulatory requirements. Geography then adds another layer. etoro noted that none of its products are offered identically across every jurisdiction, with localized compliance requirements and workflows built around a core product instead. KuCoin takes a similar approach, with Edwin Wong, Vice President and Head of Risk Control at KuCoin, explaining that the exchange keeps its core onboarding flow consistent across markets while adjusting verification requirements, transaction limits, product access and monitoring rules based on a user’s location. Taken together, etoro, OKX, and KuCoin point to the same design principle. The core identity record stays constant, while eligibility, limits, and monitoring flex by product, license, and location. Identity as the Growth Lever For super apps, growth increasingly comes from cross-selling, where introducing an existing user from crypto into stocks, perps or prediction markets is far cheaper than acquiring a new user for each product. However, every new product also comes with a point of friction. A user already verified for crypto trading being asked to resubmit documents or repeat KYC processes to be able to access RWA perps is a significant hurdle for user conversion. But the pressure runs on the other side as well, where removing too much friction risks providing ineligible users with restricted products. Not to mention the fraud dimension where a super app is only as strong as its most lightly verified entry point. This leaves platforms with a three-way tradeoff between conversion, compliance, and fraud. Tightening one tends to loosen another, which is why a static, one-size-fits-all check no longer works at super app scale. OKX’s Brockmeier put it bluntly, noting that “fraud is always going to go where the lightest checks are,” and that “if the friction’s low, the fraud comes in.” Its approach is to scale friction with assessed risk, keeping the experience low-friction for verified, low-risk users and adding checks as risk rises. KuCoin described something similar, particularly with the rise of AI-generated identities that have become harder to spot. Rather than relying on photo-based verification alone, they profile users based on country, behavior and transaction patterns, flagging anomalies such as large withdrawals in the middle of the night from a user whose activity normally concentrates during the day. Socure, an AI-powered identity verification platform, argues the answer is reusable, risk-based identity, where a user is verified once, and the platform then uses signals such as device, behavioral and account history, in addition to continuous identity monitoring, to decide which additional checks, if any, are needed as that user moves into a new product. In practice, this treats each new product as a risk decision rather than a fresh onboarding, and is what Socure’s RiskOS platform does, streamlining the user experience and minimizing friction. Socure claims it verifies over 99% of identities on the first attempt, compared to the industry average of 64%. Why it matters at scale: if each new product launch triggers a fresh onboarding, cost per cross-sell rises and conversion falls. If each launch is a risk decision on an identity the platform already trusts, cross-sell cost stays low and friction stays proportional to risk. Verify Once, Unlock Many Combined monthly volume across RWA perps, Polymarket and Polymarket US, alongside Kalshi, who is a client of Socure, grew from ~$6B this time last year to over $600B in September 2026. That is a ~100x increase in twelve months. The platforms capturing that growth already hold their users’ identity. The open question is whether that identity is eligible across different product lines and licenses, or whether it has to be rebuilt every time a user opens a new tab in the app. All partners interviewed for this report broadly agree that the technology for reusable identity already exists, and that the bottleneck is now standards and trust. etoro’s Lapidot said that a reusable identity could cover a general identity verification requirement, but suitability checks are usually much more intimate with the customer and specific for their understanding of their unique offering, “that’s hard to generalize.” KuCoin’s Wong argued that national-level digital identity systems would give platforms a consistent standard and allow users to verify once to access a wider range of regulated financial products. Socure is building toward that model with Socure Pass, its reusable identity product where users verified once by a regulated entity can, with their permission, share that credential with downstream partners instead of having to repeat KYC at every platform. The platforms that win the next phase of growth will likely be those that treat identity as shared infrastructure across every license they hold. The next primer looks at the payment providers sitting underneath these flows.(Historical earnings: For 2026Q2 (period ended 2026-06-30), reported basic EPS of 0.42, diluted EPS of 0.39, net income of USD 0.103 billion, revenue from contracts with customers of USD 75.207 million, and total revenues of USD 1.395 billion. Consensus expectations: Consensus for 2026Q3 expects EPS of 0.4 and revenue of USD 0.797 billion.)

20/100·CNeutral+23

news10/22news

The Monero Research Lab has provided an update on Full-Chain Membership Proofs (FCMP++)!

'Full-Chain Membership Proofs prove the output spent is one of any output on the chain, effectively removing all of these risks. This means every input goes from an immediate anonymity set of 16 to 100,000,000.'

72/100·B+Long

twitter10/22meme

AI is bringing shoppers. Is your checkout ready when agents buy? Before accepting an agent’s order, 6 questions need to be answered: → Identity: Which agent is calling? → Authentication: Can it prove control of its identity or credentials? → Delegation: Who authorised it to act? → Authorisation: Does that permission cover this purchase, right now? → Eligibility: Does the customer qualify for the offer? → Payment approval: Has the payment provider approved payment? A recognised agent can still lack permission. A cheaper basket can still fall outside the customer’s approval. AIR’s checklist separates these decisions so product, engineering and support teams can explain what passed, and what didn’t. Read the full guide: https://air3.com/blog/ai-agent-identity-authorization-2026

10/100·CNeutral

meme10/22meme

Stablecoins have made digital dollars more accessible. Bringing more assets onchain is the next step for TRON.🔻 Quoted @Cointelegraph: Crypto has a two-year “grace period.” Can it deliver? @justinsuntron says Trump has given the industry a chance to prove its value. Watch our interview: https://youtu.be/53Owd8mjMgU

35/100·CLong+4

twitter10/21meme

@WhiteHouse retweet (2026-10-21T16:58:20.837Z): Original @Interior: There's a new national park in town and a sign to prove it. @SecretaryBurgum joined park staff to celebrate the designation of Chiricahua National Park in Arizona as America's 64th national park. A new name for one of America's most spectacular landscapes.

5/100·CNeutral

news10/20news

IS TOKENIZATION ABOUT TO ENTER ITS COLLATERAL ERA?

@Citi Research put out a report on @Aave yesterday stating that collateral mobility "may ultimately prove to be one of tokenization's most important use cases"

For those who listen to @_TalkingTokens - this may sound familiar as our guests have said:
- @carlosdomingo of @Securitize called the collateral use case "potentially a huge one"
- @jillfriedman of @symbioticfi told me tokenized assets have to be as usable "as collateral in lending markets"
- @GregoryLBell of @hashgraph said "the value proposition in many ways is collateral mobility"
- @YuvalRooz of @CantonNetwork said "collateral management will probably be the first thing that scales"

...Time will tell!

62/100·B+Long+2

news10/20news

THE BLOCK: Citi Research wrote in its new report that Aave is a "decentralized collateral mobility ecosystem" that represents one of the more important real-world cases in tokenized financial infrastructure. "We believe collateral mobility may ultimately prove to be one of tokenization's most important use cases," Citi said.

72/100·B+Long

meme10/20meme

THE BLOCK: Citi Research wrote in its new report that Aave is a "decentralized collateral mobility ecosystem" that represents one of the more important real-world cases in tokenized financial infrastructure. "We believe collateral mobility may ultimately prove to be one of tokenization's most important use cases," Citi said.

72/100·B+Long

meme10/19meme

quote: What’s next for blockchain and real-world asset tokenization? @justinsuntron sat down with @Cointelegraph at TOKEN2049 to discuss the evolving crypto landscape, tokenized assets, and TRON’s role in onchain finance. Watch the full interview below. 🎥👇 | Crypto has a two-year “grace period.” Can it deliver? @justinsuntron says Trump has given the industry a chance to prove its value. Watch our interview: https://youtu.be/53Owd8mjMgU

25/100·CNeutral+3

meme10/19meme

quote: Zero-shot. Multimodal. Calibrated. $14 per million images. Our Trio-Spark model reads a highway frame in one forward pass and knows what the truck is hauling, and how sure it is. IoTeX has always been about making machines smart. Now they understand what they see, on an open, verifiable intelligence network. | We showed our multimodal fast-decision model Trio-Spark random photos of US trucks and asked one question: "What is it hauling?" • Zero training. Zero examples. • 83% accuracy across 7 trailer types. • 100% hazmat placards caught. • Cost: Just $14 per MILLION photos. 🤯 Extracting equipment, hazmat, or load status on every highway frame used to be cost-prohibitive. Now, Spark delivers calibrated probabilities in a single pass, letting your pipeline automate the confident calls and only route edge cases to humans. Run a camera network? Send us 10k labeled images and we'll prove the accuracy and cost on your own data. Try it out: https://t.co/Q6VjLsluGe

35/100·CLong

meme10/19meme

JUST IN: Brazil's top electoral court gives Meta 24 hours to prove it isn't “favoring” either presidential candidate on Facebook & Instagram ahead of Sunday's runoff election.

72/100·B+Short+2