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South Middlesex Times

Tuesday, February 4, 2025

Rep. Frank Pallone comments on crypto deregulation and local transportation initiatives

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U.S. Rep. Frank Pallone representing New Jersey's 6th Congressional District | Official U.S. House headshot

U.S. Rep. Frank Pallone representing New Jersey's 6th Congressional District | Official U.S. House headshot

Rep. Frank Pallone, a long-serving member of the U.S. Congress representing New Jersey's 6th district, has shared several updates on his official social media account regarding recent political and community developments.

On February 3, 2025, Rep. Pallone expressed concerns about potential deregulation in the cryptocurrency industry by stating that "Trump and the Republicans want to completely deregulate the crypto industry, which will only help scammers take advantage of inexperienced investors while avoiding taxes on their Ill gotten gains."

Later that day, at 17:21 UTC, he announced the commencement of a new ferry service between South Amboy and Wall Street. He remarked on his role in securing federal funding for this project, emphasizing its importance for commuters from Central Jersey to New York City: "Ferry service from South Amboy to Wall Street has officially begun! Proud to have helped secure federal funding to help make this project a reality and ensure New Jersey commuters have a better way to get from Central Jersey to New York City."

At 19:27 UTC on the same day, Rep. Pallone recognized Black History Month by highlighting its significance as an opportunity to honor Black Americans' achievements and contributions. He stated: "February is Black History Month - a time for us to honor the achievements of Black Americans and recognize their contributions to American history. Our country is a better place because of their accomplishments."

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