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#DEMOCRATS REBEL
#AGAINST CRYPTO BILL OVER TRUMP
#STABLECOIN CONFLICTS
đšGenius Act aims to regulate stablecoins, but Democrats pull support over conflict concerns
đš
$TRUMP -linked coin âUSD1â via World Liberty Financial triggers alarm; firm profits from transactions
đš9 Senate Democrats, including 4 from committee, vow to block bill unless AML, national security gaps are fixed
đšWhite House denies conflict, says Trump's assets are in a trust, calls for bipartisan support
đšWarren, Merkley cite UAEâBinance deal using USD1, urge ethics probe over possible bribery, emoluments violations
đšWarren: âBiggest corruption scandal in modern history unfolding in plain sightâ
đšPush for strict safeguards, bans on officials profiting from crypto ventures
- Dow Jones Newswires /TradingView, May 7, 2025