Sixteen senators supported a catastrophic bill that fixes the flagrant abuse of the crystand.

Senator Kirsten Gilibrand appears during the DC Blockchain summit in Washington, Colombia District, Wednesday, March 26, 2025.
(Kent Nichemur / Bloomberg via Getty Images)
If President Donald Trump is calling his Private dinner to reward fans This week, his personal cryptocurrency will fit more than just corrupt access to the higher office in the ground. They will also encourage the fact that on Monday night, the US Senate mostly supported the procedural measure to promote catastrophic guidelines and establishing national innovation for the US, which, despite the name that deals with content known as the brilliant law.
The voting occurred only 11 days after the Democrats in the Senate, in the rare vertebral outbreak, voted on a similar bill, citing its failure to comply with brazen corruption, as evidenced by Trump’s cry. However, everyone who believes that the democratic coacus persuaded the sponsors of the GoP bill to adopt a new language to avoid the doubling of the crypto operations, since the bribes of the executive power will certainly be mistaken. The revised genius law contains new provisions to strengthen consumer guarantees, limit the ability of technological companies to issue their own stable and expand new ethics for “special civil servants”, such as Clueless Doge Thug Elon Musk and the Trump administration and AI Czar David Sack.
Critics at best called TWEAKS Cosmetic, and Elizabeth Warren and Massachusetts warned that “the main shortcomings of the bill are unattended.” But there were enough of them to deploy 16 democratic senators to support the bill -including the recipients of Crypto Campaince, such as Kirsten Gilibrand of New York, Ruben Galega from Arizona, Angela Alsabrok from Maryland, Cora Bouker. The final bill of the Senate is now going on to go somewhere near the holiday of the Memorial Day. It is noteworthy that the top two coaches, the leader of the minority, Chuck Sumer from New York and Dick Durbin from Illinois, voted against the shop – due to how a completely brilliant act is a product of monetary influence. As reported by Jacob Silverman its recent Nation feature As a result of the absorption of US policy crypto policy, the industry became the largest source of the company for the 2024 campaign cycle, given more than $ 197 million.
Prior to the voting on Monday, the industry promoting group from Crypto has announced that it will be that it will be a “key vote” for its legislative map – not a subtle signal to the legislators that cash will be dependent on their votes. Upon Bloomberg Reporter Steve DennisDemocrats in Congress landed donations for crypt sour over $ 10 million during the last year, but more than the eyes are what the industry spent to defeat the currency critics scam: in the Senate’s Senate, industry devoted 40 million Democratic Democratic Head Crypto-Put-Boom-Marena. Crypto -Donars also boasted their decisive role in helping with detractors, such as New York representative Jamaal Bowman and California’s representative Katie Porter. According to Democratic Democratic Representative Illinois, Sean Casten, on the pre -voting of the home on the bad cry, “I did not find a single Democrat who disagreed with me that this CRA (voted in Congress) was a terrible policy. a vulnerable place. It’s scary. “
Undoubtedly, the cry -sector is an invalid donor profile focusing on the mind of a dynamic senator. And it is equally clear that the industry receives its money. Revised an ingenious act, despite the symbolic (and mostly funny) efforts to bring special civil servants under the reach of the main ethics standards in cryptocurrencies, maintaining a new level of financial corruption in the oval office, mainly expanding the powers of the president with the powers of the president. Stablecoin USD1, which is sold in the world crypiece, reached A World Liberty Evaluation of $ 2 billion Since it was introduced in March, mainly in support of the crypto -factory, which is based in Abu -Dabi. By heel wide criticism of Congress Trump’s shadow agreement In order for Qatar, a new luxurious plane has provided to him as a Air Force, and the reversal of the Senate Democrats in the law on genius once again exerts the moral position of the party’s corruption of the absurdist pantomime.
Also auction of presidential access to the unified vivid weakness of the brilliant law. Since its founding, the crystance has become a finished outlet for foreign money laundering, terrorism financing and overall illegality. The Senate bill does not offer functional restrained on these abuses. According to Warren, a member of the Senate Banking Committee, during a debate discussion on the brilliant law: “The bill that is a turbocharge of the stables market, simultaneously contributing to the corruption of the president and undermining national security, financial stability and consumer protection, worse.”
Democratic supporters of the Senate mostly parrying such complaints about the call for the innovative skill of crypt and historical inevitability. Warner spoke with Susan Collins-Askwin on the occasion of her “very real problems” about the confused Trump corruption in the cryo sphere, but rapidly entered this choir, which is supported by the branch mush: “But we cannot allow this corruption to blind us in the broad. “I am sure that we have created a solid regulatory framework that will post our country for the future,” – also immersed in Gilibrand, the Democratic Casponsar of the Bill.
But, as Warren noted in our speech, we have heard similar conversations earlier from the rented court financial industry on the Capitol Hill. Back in 1999, another two-party coalition supported the Graham-Blily Law, which abolished the basic protection against bank speculations that operated during the new transaction, unleashing the derivatives that trade for Wall Street on an unprecedented scale. Less than ten years later, the world economy crashed into the unreasonable assets. “This is not the first time Congress listened to the financial industry and created a weak regulation regulation of a new, innovative financial product,” Warren said. “We have seen this story before, and we know how it ends.” This constipation of the two -party legislative movement has passed by the name of the law on the modernization of financial services. Ever since the change has changed, it is that the number of the Senate’s capital servants, against all chances, has grown brazenly to style the geniuses.