Sam Sutton @samjsutton Twitter profile

Last Seen Profiles

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Sam Sutton

@samjsutton

5 years

New from me: A longtime friend and adviser to @CoryBooker is alleged to have directed the former head of the city’s watershed, who’s now in prison, to solicit political contributions from agency contractors in the late 2000s.

Former Booker aide allegedly directed campaign fundraising through city’s watershed

Lax oversight of the watershed fueled calamity in the ranks of the water system.

www.politico.com

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Sam Sutton

@samjsutton

10 months

Taking a few months from MM to get to know this girl. Extremely fortunate that POLITICO offers six months paternity. Savoring every minute of it.

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Sam Sutton

@samjsutton

5 years

This is significant. New Jersey thought it would have CDC confirmation on its first two coronavirus cases late last week. The CDC hasn't offered state officials any explanation as to why they haven't confirmed positive tests from NJ's public health lab

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Sam Sutton

@samjsutton

3 years

Elizabeth Warren’s anti-crypto crusade splits the left @Zachary

Elizabeth Warren’s anti-crypto crusade splits the left

The lack of consensus among Democrats means it's unlikely Congress will act anytime soon to pass major legislation on the direction of regulation of the new market.

www.politico.com

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Sam Sutton

@samjsutton

3 years

Tomorrow’s my last day at POLITICO’s New Jersey bureau, which is the best job I ever had or, really, any reporter could have. On Dec. 20, I’ll be moving to POLITICO’s financial services desk to cover fintech/crypto.

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Sam Sutton

@samjsutton

2 years

Some personal news: Excited to say that @politico is giving me the opportunity to link up with @KateDavidson to co-author Morning Money moving forward. I’ve been reading this newsletter —and @morningmoneyben ’s byline — since I started as financial journalist covering PE in 2011.

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Sam Sutton

@samjsutton

4 months

In today’s Morning Money, we remember @EconomyBen . He showed all of us how it’s done. We miss you, man.

The right’s case for tax hikes

American Compass, a conservative think tank that’s increasingly influential among populist-leaning Republicans, is taking a big, new swing at the GOP’s fiscal cognoscenti.

www.politico.com

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Sam Sutton

@samjsutton

3 years

Wyoming lawmakers are pushing to launch a state-backed stable token. Spoke to lead sponsor @rothfuss

POLITICO Pro: Wyoming lawmakers push for first state-backed digital token

The proposed legislation would give the state treasurer the authority to issue a U.S. Treasuries-backed stable token whose value would be pegged one-for-one to the U.S. dollar.

subscriber.politicopro.com

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Sam Sutton

@samjsutton

5 years

As chair of Trump’s opioid panel, former Gov. Chris Christie pushed for Medicare changes that specifically benefitted a company that makes non-opioid painkillers. Less than a year later, he inked a deal with the company that made him $800k (plus options)

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Sam Sutton

@samjsutton

5 years

The plant was exhibiting signs of distress under Booker. Those issues were raised at the watershed’s board meetings. Booker was ex officio chair, but he never attended. That lack of oversight allowed the corruption, which was extensive, to take root, per the comptroller’s report.

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Sam Sutton

@samjsutton

2 years

First in @politico Morning Money: House Ag ranking member @CongressmanGT (R-Pa.) and @RepRoKhanna are intro'ing a bill that would give CFTC oversight of crypto exchanges.

Morning Money

The 2024 presidential campaign is about to get rocked by a labor dispute involving tens of thousands of workers at more than a dozen of the country's largest ports.

www.politico.com

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Sam Sutton

@samjsutton

4 months

Today’s Morning Money is a companion to the story: Republicans on Wall Street and in Silicon Valley have reopened their hearts (and wallets) to Trump. They should not expect a tranquil relationship, says @Scaramucci .

The Mooch’s warning to Trump’s new pals on Wall Street

“I have empathy for them. I was there. I did it. I did exactly what they're doing,” said Anthony Scaramucci, who was one of the first financiers to back Trump during the 2016 campaign.

www.politico.com

Sam Sutton

@samjsutton

4 months

Wall Street executives spent three years doing everything they could to distance themselves from former President Donald Trump. Now they’re busy coming up with reasons to vote for the guy.

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Sam Sutton

@samjsutton

4 years

Gov. Phil Murphy, raising the suburban dad energy to dangerous levels, just held up a David Brooks column he'd cut out of a print NYT.

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Sam Sutton

@samjsutton

4 years

Ladies and gentlemen, Garth Brooks!

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Sam Sutton

@samjsutton

2 years

Jimmy Stewart: You got this place all wrong! Your money's not here! It's in Gina's pre-revenue biotech, and Mark's pre-revenue SaaS, and YieldDestroyer's pre-revenue DAO

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Sam Sutton

@samjsutton

3 years

I’ve been reading @politico morning money since I started my career as a financial journalist 11 years ago. Today I got to write the top.

Morning Money

The 2024 presidential campaign is about to get rocked by a labor dispute involving tens of thousands of workers at more than a dozen of the country's largest ports.

www.politico.com

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Sam Sutton

@samjsutton

5 years

Here’s an important element of this story: The Watershed Corp., which was a public non-profit that held (or issued) contracts to operate the water system, had oversight over the Pequannock Water Treatment Plant. While the lead crisis didn’t begin until Baraka’s tenure...

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Sam Sutton

@samjsutton

2 years

Markets and banking regulators have determined that crypto could pose a risk to the financial system if lawmakers and agencies don't move quickly to establish a rulebook for the industry $

POLITICO Pro: FSOC warns crypto is possible systemic risk

Its report identifies a wide range of regulatory gaps and market risks.

subscriber.politicopro.com

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Sam Sutton

@samjsutton

2 years

off-brand Bored Ape on an unlicensed smoke shop? Brother, NYC never left

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Sam Sutton

@samjsutton

2 years

Van Gundy: Capers on a sandwich? Disgusting. Not now, not ever. Jackson: Jordan Poole was born to shoot the basketball.

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Sam Sutton

@samjsutton

1 year

Bankruptcies at businesses owned by private equity are soaring, according to S&P Global Market Intelligence data — with losses in health care leading the pack. Washington is starting to notice.

‘Life and death situations’: Lawmakers battle Wall Street over health care

Bankruptcies at private equity-owned businesses are on track to reach decade highs — with losses in health care leading the pack.

www.politico.com

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Sam Sutton

@samjsutton

3 years

It’s almost as if a vaccine that no one claimed was 100% effective isn’t 100% effective.

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Sam Sutton

@samjsutton

5 months

Baby’s first ballgame

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Sam Sutton

@samjsutton

1 year

President Joe Biden is telling the American people that the economy is in better shape than they think. As inflation starts to fade, some on Wall Street are starting to believe it.

Voters don’t love Bidenomics. Markets are coming around.

Leading economists at big banks like Goldman Sachs and JPMorgan Chase have lowered their odds of an imminent recession.

www.politico.com

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Sam Sutton

@samjsutton

4 years

I... worked on this story for three years and... just like that ... he just signs them into law...

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Sam Sutton

@samjsutton

4 years

Beginning to suspect that I actually died on election day and this is some form of purgatory built around cannabis policy reporting

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Sam Sutton

@samjsutton

3 years

This means “file and take me on a walk”

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Sam Sutton

@samjsutton

3 years

Malinowski's getting roasted by R's for trading stocks of companies involved in the pandemic response, and shorting at least six companies. Rough news for the second-term Dem, considering he barely eked out a win over Kean in 2020

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Sam Sutton

@samjsutton

5 years

The three certainties in the life of a New Jersey political reporter are death, taxes and

Ryan Hutchins

@ryanhutchins

5 years

“I know a little bit about bridges being an iron worker”

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Sam Sutton

@samjsutton

4 years

Newark Mayor Ras Baraka calls the "defund the police" slogan a ‘bourgeois liberal’ solution for much deeper problem

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Sam Sutton

@samjsutton

2 years

Crypto megadonor Sam Bankman-Fried helped bankroll Democrats’ overperformance in the midterms. Any friends he may have had in Washington won’t be there for him as his crumbling business empire threatens to torpedo the entire digital currency market.

Crypto kingpin bet a fortune on Democrats. Now he’s lost it all.

The crisis has demolished Sam Bankman-Fried’s public image as a go-to resource for policymakers writing rules for crypto.

www.politico.com

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Sam Sutton

@samjsutton

2 years

Updated story on the stablecoin bill: The House punted on stablecoin bill after Yellen stepped in with concerns over how the measure would address assets held in custodial wallets. GOP couldn't get on board

House punts on stablecoin bill after Yellen raises flags over key provision

While the draft text has largely been kept under wraps, details of the proposed framework have rankled watchdog groups and banking lobbyists.

www.politico.com

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Sam Sutton

@samjsutton

4 years

Out of office this afternoon

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Sam Sutton

@samjsutton

4 months

Wall Street executives spent three years doing everything they could to distance themselves from former President Donald Trump. Now they’re busy coming up with reasons to vote for the guy.

Never mind: Wall Street titans shake off qualms and embrace Trump

Many high-dollar donors had turned their backs on Trump after the stolen election lie and Jan. 6, but now have returned.

www.politico.com

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Sam Sutton

@samjsutton

2 years

Gensler rejects crypto’s threat to go overseas. “We lose more if investors get harmed here,” he said. “It’s a basic bargain in finance: If you want to raise money from the public, disclose certain facts and figures.” w/ @declanharty and @Zachary

SEC’s Gensler rejects crypto’s threat to move overseas

“The path to compliance is clear,” he said in an interview.

www.politico.com

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Sam Sutton

@samjsutton

2 months

Sources close to MM say there’s a growing sense that “burrito time” is now practically inevitable. “Kid’s asleep,” said a source familiar with thinking around the home office. “Don’t want to make a racket in the kitchen. Looks like there are some Modelos in the fridge, too.”

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Sam Sutton

@samjsutton

2 years

How crypto's meltdown could reverberate in Washington. “Gary Gensler and Elizabeth Warren are going to use it as totems to block, curtail, slow down the industry – no question that they’re going to do that.” - @Scaramucci

Crypto reckoning looms in Washington as investors lose billions

Industry leaders fear that the latest blow-up will provide ample fodder for powerful skeptics

www.politico.com

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Sam Sutton

@samjsutton

10 years

Thiel just said “sheeplike conformism” to describe US education system. Everybody drink. #pcw14

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Sam Sutton

@samjsutton

4 years

AP calls it. Cannabis is legal in NJ. (but, boy oh boy, wait for that enabling legislation)

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Sam Sutton

@samjsutton

2 months

Today's MM: It turns out, the best way to convince voters that “Bidenomics” will work is to remove “Biden” from the equation.

It’s not the economy, stupid. It’s the messenger.

Poll after poll after poll showed that the public overwhelmingly favored Trump over Biden when it came to the economy.

www.politico.com

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Sam Sutton

@samjsutton

3 years

shoveling cold cuts into my mouth as i click 'refresh' on county election websites

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Sam Sutton

@samjsutton

4 years

Telling the fellas about the new HAIM album

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Sam Sutton

@samjsutton

4 years

Vanity Fair: “Bring Some of the Old New Jersey Health Care Newsletter Back: POLITICO’s Juicing Up its Morning Mainstay as Team Biden Comes to Town”

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Sam Sutton

@samjsutton

4 years

New Jersey has legalized cannabis for adult use and decriminalized possession of up to six ounces of the drug. BUT you will not be able to buy legally grown cannabis for some time.

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Sam Sutton

@samjsutton

4 years

One Thanksgiving tradition, in my home anyway, is to silently hit 'refresh' on the live proceedings page to see if the Senate Budget and Appropriations Committee has started.

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Sam Sutton

@samjsutton

4 months

Back from paternity leave and out of office is “off”

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Sam Sutton

@samjsutton

3 years

POLITICO is the best job I’ve ever had. One of the (many) reasons that’s true is because so many people who work here are always thinking about ways to make it even better. #penguild

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Sam Sutton

@samjsutton

2 months

Kamala Harris had a lot of friends on Wall Street before she became vice president. If she pulls out a victory in November, they’re hoping she can give them a better seat at the table than they got with President Joe Biden. W/ @declanharty

Wall Street’s wishcasting for a President Harris begins

Many CEOs “like that she’s pragmatic even if you disagree with her,” said Laurel Strategies Founder, Chair and CEO Alan Fleischmann, whose firm helps executives with business strategy, geopolitical...

www.politico.com

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Sam Sutton

@samjsutton

3 years

I don’t know where you be from, this soy sauce from North Bergen son

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Sam Sutton

@samjsutton

3 years

Happy #NationalPetDay to this absolute unit. And, adopt don’t shop.

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Sam Sutton

@samjsutton

4 years

The clean-up bill passes 49-27-1. It's going to Murphy.

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Sam Sutton

@samjsutton

3 years

Googling “cheugy”

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Sam Sutton

@samjsutton

3 years

Good writing entices the reader. That's why I insist on including words like 'the state Department of Banking and Insurance' and 'nonprofit mutual holding company' in every single one of my ledes.

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Sam Sutton

@samjsutton

4 years

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Sam Sutton

@samjsutton

6 years

A technique known in PR circles as, "The Missy Elliott"

Ryan Hutchins

@ryanhutchins

6 years

. @AnaCabrera said on CNN that Trump seemed to “flip and reverse it” on Russian meddling.

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Sam Sutton

@samjsutton

3 years

Something like 70-80 percent of residents in many of the state's largest cities aren't fully vaccinated, including Newark and Elizabeth. I'm not sure why this is a particularly controversial stance.

Brian Thompson

@BrianForNJ

3 years

NOT YET IN NJ!! @GovMurphy official tells me indoor mask mandate covering businesses and elsewhere STILL IN EFFECT!!!

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Sam Sutton

@samjsutton

4 years

I’ve made a terrible mistake.

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Sam Sutton

@samjsutton

2 years

So, in other words, everything about this was screwed

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Sam Sutton

@samjsutton

4 years

More movement on the cannabis legalization bill. Lead sponsor, Sen. Scutari, tells me he's amending to remove temporary caps on the number of cultivation licenses. Important, b/c Murphy has generally opposed caps. Coughlin is playing close to the vest. ($)

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Sam Sutton

@samjsutton

4 years

1/2) Last year, after 11 children died in the Wanaque outbreak, @GovMurphy signed legislation requiring nursing homes and LTCs to submit outbreak control plans. Each LTC had to form a plan, but only a handful had to actually submit them to DOH. The rest were on the honor system.

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Sam Sutton

@samjsutton

3 years

When you’re excited for Election Day

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Sam Sutton

@samjsutton

3 years

I hate to beat a dead horse but the entire premise of the debate's only marijuana question was false. @vingopal intro'd a clean-up bill requiring parents to be notified on a first offense and @GovMurphy signed it on March 26.

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Sam Sutton

@samjsutton

3 years

new from me: Hagerty, Hollingsworth are intro'ing a bill to require stablecoins to hold their reserves in short-term govnt securities, repo agreements or cash

POLITICO Pro: Republicans ready bill to standardize stablecoin reserves

subscriber.politicopro.com

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Sam Sutton

@samjsutton

5 years

reporters tweeting their best stories of 2019

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Sam Sutton

@samjsutton

4 years

My dog has been like this since she started getting backlash for signing the Harper’s letter. Why must people be so critical? What happened to civil discourse? Her brain is the size of a large walnut and she’s deathly afraid of thunder.

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Sam Sutton

@samjsutton

3 years

Brent and/or @MatthewArco attended almost every single one of these and, particularly at the height of the pandemic, used their time at the mic to ask questions for reporters who couldn't be there.

Brent Johnson

@johnsb01

3 years

Murphy announced next Friday will be his last #COVID briefing. It also marks the 2-year anniversary of New Jersey reporting its first case:

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Sam Sutton

@samjsutton

3 years

Checking in on New Jersey’s press corps.

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Sam Sutton

@samjsutton

3 years

just left a message for a NJ elected official whose voicemail recording instructed me to live, laugh and love

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Sam Sutton

@samjsutton

3 years

@klandergan @ryanhutchins @CarlySitrin @MattFriedmanNJ @Linh_Tat @sssmaldo @muoiod @ryrivard @Giambusso @agreilingkeane @JAppezzato If you care about politics and policy in New Jersey, subscribe to local news outlets. Get engaged. Write to reporters and editors about the stories they should be covering. Encourage young writers. This is the life of kings and queens and there should be more of them.

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Sam Sutton

@samjsutton

4 years

BREAKING: My PTO has been approved.

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Sam Sutton

@samjsutton

3 years

storm prep

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Sam Sutton

@samjsutton

6 years

Sara just got back from Portugal with the key to my heart.

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Sam Sutton

@samjsutton

4 years

21.1% precincts in, 66.7/33.3 for cannabis legalization

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Sam Sutton

@samjsutton

3 years

Was just sent this update from the home office

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Sam Sutton

@samjsutton

5 years

Removing Twitter from my phone and leaving the country. See you in two weeks.

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Sam Sutton

@samjsutton

3 years

@klandergan @ryanhutchins @CarlySitrin @MattFriedmanNJ @Linh_Tat @sssmaldo @muoiod @ryrivard @Giambusso @agreilingkeane @JAppezzato Speaking of which, @danieljhan_ is going to be taking over the health care beat in New Jersey on Dec. 20. He's a fantastic writer and scary smart. I can't wait to see what he does with it.

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Sam Sutton

@samjsutton

4 years

Excited to become an exercise-ball-for-a-chair guy. Big things are happening around the home office, let me tell you.

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Sam Sutton

@samjsutton

3 years

the oldest i've ever felt was when a young copy editor changed "tick-tock" — as in, The WSJ wrote a tick-tock about how a disaster in tktkt unfolded — to TikTok

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Sam Sutton

@samjsutton

1 year

Brought this lady home from @SocialTeesNYC three years ago today. If you’re thinking about getting a dog, rescue. You won’t regret it.

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Sam Sutton

@samjsutton

1 year

In today’s MM, I spoke with @ianbremmer about the U.S.-China relationship as financiers descend on Washington for the IMF-World Bank meetings. Bremmer also had thoughts on the political challenges facing Erdogan as Turkey grapples with an economic crisis

The U.S.’s lonely clash with China

Escalating tensions between the U.S. and China will provide an uncomfortable backdrop to the meetings as policymakers grapple with economic uncertainty in the wake of stubborn inflation.

www.politico.com

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Sam Sutton

@samjsutton

10 months

Scoop: Treasury is asking Congress for more power when it comes to cracking down on illicit finance in crypto. New secondary sanctions, jurisdiction over USD stablecoins are among the asks.

POLITICO Pro: Treasury presses Congress for new power in crypto crackdown

subscriber.politicopro.com

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Sam Sutton

@samjsutton

3 years

Sweeney out. AP calls it for Durr.

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Sam Sutton

@samjsutton

2 years

Out of office is on

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Sam Sutton

@samjsutton

4 years

let’s check in on the legalization effort

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Sam Sutton

@samjsutton

5 years

3 hours and 20 minutes after the scheduled start. Still no vote on the marijuana legalization resolution.

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Sam Sutton

@samjsutton

5 years

New Jersey state Senate just passed a bill that will allow medical cannabis to be prescribed through telemedicine and telehealth platforms. Bill cleared 36-1, with Sen. Doherty (R-Warren) being the only 'no' vote

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Sam Sutton

@samjsutton

4 years

It's been said, but it needs to be said more. @DanielMunoz100 asks great questions. Lot of variety in Murphy's responses there.

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Sam Sutton

@samjsutton

3 years

This dog turns her head and refuses to look at me if I put on shoes without asking if she wants a walk

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Sam Sutton

@samjsutton

4 years

Used my day off to bake a bundt.

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Sam Sutton

@samjsutton

3 years

When will the election be called? I guess data determines dates.

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Sam Sutton

@samjsutton

4 years

Last night — as Democrats readied impeachment and the President lost his ability to post — a different chaos unfolded in New Jersey. The state is *this* close to finally legalizing cannabis, but Murphy’s deal with lawmakers went south w/ @MattFriedmanNJ

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Sam Sutton

@samjsutton

4 years

New employee at the home office is unquestionably the laziest reporter I’ve ever worked with.