Democrats start finding power in their division — and it could take down a crypto deal
Democrats are shifting their strategy for opposition-party policymaking in real time this week. And they’re using a fight over cryptocurrency, a topic very important to President Donald Trump.
Nine pro-crypto Democratic senators are withholding their votes for legislation that would create rules for stablecoins — a type of crypto pegged to assets like the US dollar — in hopes they can convince Republicans to beef up the bill’s provisions on national security and consumer protection.
“If changes aren’t made — not only will I vote no, but I’ll urge all my colleagues to vote no,” Sen. Mark Warner, D-Va., told Semafor.
The rebellion comes as progressives escalate their criticisms of the Trump family’s crypto business after…