Clark commissioner moves $ through multiple PACs to aid successor

Feel the excitement. I was reminded the other day that the traveling Bitcoin conference circuit/circus is returning to Las Vegas next week. When it was here last year, crypto bro JD Vance was the big attraction, and he was gushing because it was the first big Bitcoin shindig since the currency's price had topped $100,000. With Trump doing everything he can to effectively transform the U.S. financial regulatory system into a cryptocurrency subsidiary, the price of Bitcoin got as high as $125,000 at one point last year.

Alas, while the stock markets have been sanguine in sort of a creepy way about Trump's serial blundering, volatility is the coin of the realm (pun intended) in digital currency. For example, Trump's meme coin started collapsing not long after it was issued a couple days before his inauguration, and has now lost 93% of its value. But it didn’t crater before reportedly netting Trump $350 million. Timing is everything in Ponzi schemes, er, crypto.

Anyway, this morning the price of Bitcoin was $78,000, about half its 2025 peak. Or as crypto skeptics (raises hand) say, its valuation is still $78,000 too high.

IN NEVADA CURRENT

The Nevada Way, Reid Machine edition: Outgoing Clark County Commissioner Justin Jones has funneled thousands of dollars through various political action committees in support of his chosen successor. His wife, consultant Megan Jones, — by far the most politically powerful and influential person in the Jones household — also gets a shout out in this fascinating glimpse at one of the ways ye olde Reid machine works. April Corbin Girnus reports: Clark County commissioner moves money around multiple PACs to influence race to replace him

Just so's you know... Dana Gentry was the first to report in 2023 that federal authorities were investigating allegations of money laundering by illegal bookmakers in Las Vegas casinos, and that Bowyer’s California home was raided by federal agents in October that year. Lots of stuff, and folks, have gone down since then. Dana's chronicled it all, including the latest: Gaming Commission dusts off Black Book, adds Bowyer

Trump's trashed economy has left Gov. Joe Lombardo grasping at straws when it comes to campaigning, or trying to campaign, on the cost of living. So even though that's the big issue of the 2026 election, Lombardo's attempts to campaign on it are not going to resonate beyond the MAGA cul-de-sac. But if campaign spending has anything to do with it — and it does — all of that might not matter. My column: Unlike his constituents, Lombardo’s campaign won’t be struggling to make ends meet

Medicinal marijuana products that are legal at the state level will see looser federal regulation under an order the U.S. Department of Justice published Thursday, while a process that could remove the drug in all forms from the federal list of the most dangerous drugs is set to begin in late June. David Fischler reports: US Justice Department downgrades risk of state-licensed medicinal marijuana

Good Luck