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Democrats are starting to find power in their division – and this could eliminate a crypto agreement

remon Buul by remon Buul
May 8, 2025
in Business
0

Democrats move their strategy for the development of opposition policies in real time this week. And they use a fight against cryptocurrency, a very important subject for President Donald Trump.

Nine Pro -Crypto Democratic Senators retain their votes for legislation that would create rules for stabbed – a type of crypto set for assets such as the US dollar – in the hope of convincing Republicans to strengthen the provisions of the National Security and Consumer Protection Bill.

“If changes are not made – not only will I vote no, but I will urge all my colleagues to vote no,” said senator Mark Warner, D -VA., Said Semaor.

The rebellion comes as progressives increase their criticisms on the Cryptr of the Trump family after it would have concluded an agreement with an emiracy company. He also comes from the blessing of the head of the Senate minority, Chuck Schumer, whose Caucus clearly learned from his painful divisions earlier this year on immigration in January and the funding of the government in March.

Democrats are always torn in the crypto. And the Allies of the Crypto Senate are fighting to isolate the bill on the stables of their concerns of their progressive colleagues concerning conflicts of interest of the president: “doing nothing is not a logical reaction to Trump”, told Sema

But Schumer worked this week to unify his caucus around demanding changes to the bill rather than let the Democrats break during the first floor. After a persistent fury of the left on his manipulation of government financing, he took a firmer hand on the crypto and openly took on the side of progressives – what can be a taste of things to come this year while the party benefits from obstruction, its last lever effect on Trump’s agenda.

“The stable bill does not have the necessary protections to limit the manifest corruption of Donald Trump,” Senator Elizabeth Warren in Massachusetts said on Tuesday. The best democrat of the senatoric banking committee distributed in private a large list of concerns over the weekend, seen by Semaor, which included the launch by the Trump family on their own stablecoin.

“I am very happy that (Schumer) adopted our position,” added Warren. “What happened with Donald Trump’s publication to stable equipment in the past two weeks only has made its speed of republican and democrats.”

Senator Cynthia Lummis, R-Wyo., Said that the Republicans were really surprised by something else: the declaration of Saturday on her bill on the nine pro-scripto democrats, including four who had previously voted for this in committee.

The group huddled on Tuesday with Schumer, Gillibrand and the other democratic bill of the bill, senator Angela Alsobrooks from Maryland; Lummis met Schumer again on Tuesday afternoon.

“I have the feeling that this is taken in other questions,” said Lummis. The godfather of Bill Hagerty, R-Tenn.

Kara Calvert, who directs the American policy for the exchange of Crypto Coinbase, echoes Lummis by concluding that the bill was extended “in something which is a much broader political problem”.

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