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I’m going to level with you – I am very, very confused.

In fact, I’ve got five reasons why I’m very confused.

The first reason I’m confused is because this is meant to be a show of strength, but most people have literally never heard of these four individuals.

Rachael Maskell is a bit well-known, but if this is intended to impress the public, then I’m not sure the public will notice.

Secondly, if it’s about installing discipline in the parliamentary Labour Party, I’m confused about that. Surely Sir Keir Starmer‘s aim right now should be to unite the parliamentary Labour Party rather than divide it.

After the welfare rebellion, the promise was to listen. Starmer gave interviews saying he was going to create policy more sympathetic to his party.

This is the opposite approach.

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The third reason I’m confused is because they’ve been suspended in part for their role in the welfare rebellion that forced the government into its U-turn.

It was only yesterday morning that Work and Pensions Secretary Liz Kendall said the government’s welfare reforms were in the “right place” – yet the people who helped get them there are suspended.

Suspended for agreeing with what is now government policy is an odd look.

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Sir Keir Starmer has suspended four MPs from the parliamentary Labour Party for ‘repeated breaches of discipline’.

Fourth, I’m confused at who the most prominent individual to be suspended is – Rachael Maskell.

She was on Sky News within minutes of the suspension looking genuinely surprised and really rather upset.

Now, there’s absolutely no doubt she was a ringleader in this rebellion. Eight days ago, she authored an article in the New Statesman discussing how to organise a government rebellion – so I think that’s pretty much case closed.

But Rachael is of the soft left, not the hard left. And who else is on the soft left? It’s Starmer.

It does feel as if the prime minister is slightly coming for people who have dangerously similar views to him.

I understand this is all about drawing hard lines and showing who’s on your team and who isn’t.

But some of that line looks like it goes awfully close to people that you really wouldn’t want to be on the wrong side of if you’re prime minister.

Read more:
Who are the suspended Labour MPs?
Why suspended MPs hit a nerve with Starmer

And finally, three other MPs – Rosena Allin-Khan, Bell Ribeiro-Addy and Mohammed Yasin – have been sacked from their trade envoy jobs. They do retain the party whip.

But here’s the thing that hurts your head: if you are a Lib Dem trade envoy, like Sarah Olney, or if you’re a Tory trade envoy, as George Freeman was until a couple of weeks ago when he was suspended, you do not have to obey the whip – and you can continue to keep your trade envoy role.

But if you’re in the Labour Party and you’re a trade envoy, you do have to obey the whip.

And it’s just one of those mad inconsistencies where if you’re in another party, you can keep your trade envoy role, if you’re in the governing party, you can’t. That just doesn’t make sense at all.

So there are my five reasons why I’m completely confused.

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The BBC’s billion dollar question

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The BBC's billion dollar question

👉Listen to Politics at Sam and Anne’s on your podcast app👈

With US President Donald Trump threatening to sue the BBC, how likely is the broadcaster to pay out? And how have those across the political spectrum been reacting?

And with 15 days until Chancellor Rachel Reeves’s budget, Matthew McGregor – the chief executive of campaign group 38 Degrees and a former digital strategist for both Labour and Barack Obama – takes issue with Sam’s take from yesterday and sends in a voice note.

And Sam and Anne discuss the latest twist in the Your Party saga, and it’s all about money.

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Politics

Brazil classifies stablecoin payments as foreign exchange under new rules

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Brazil classifies stablecoin payments as foreign exchange under new rules

Brazil’s central bank completed rules that bring crypto companies under banking-style oversight, classifying stablecoin transactions and certain self-custody wallet transfers as foreign-exchange operations. 

Under Resolutions 519, 520 and 521, published Monday, the Banco Central do Brasil (BCB) established operational standards and authorization procedures for what it calls Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAVs), a new category of licensed virtual-asset service providers operating in the country. 

The framework extends existing rules on consumer protection, transparency and Anti-Money Laundering (AML) to crypto brokers, custodians and intermediaries. 

The rules will take effect on Feb. 2, 2026, with mandatory reporting for capital-market and cross-border operations set to begin on May 4, 2026.