Gillibrand’s Late Flip Sinks Trump’s Crypto Bill in Senate
TL;DR Summary
Sen. Kirsten Gillibrand privately urged Democrats to back a crypto-regulation bill, then publicly joined Democrats in opposing its advancement as progressives argued it would benefit Trump; the 49–50 vote failed to move forward, highlighting centrists’ precarious stance amid Trump’s crypto profits and industry lobbying.
Topics:business#crypto-regulation#donald-trump#ethics-provisions#kirsten-gillibrand#politics#senate-vote
- Crypto Darling Gillibrand’s 11th-Hour Flip-Flop Helps Block Trump Crypto Bill The Intercept
- Senate Votes to Block Crypto Bill in Major Blow to the Industry The New York Times
- Congressional Chronicle - Members of Congress, Hearings and More | C-SPAN.org | C-SPAN.org C-SPAN
- Bitcoin Under Renewed Pressure as Looming Fed Hike Adds to Woes Bloomberg.com
- Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry CNBC
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