Trump Hailed Crypto Bill As Stepping Stone To Financial Freedom—So Why Did The Senate Delay Until March?
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The Senate Banking Committee pushed back its crypto market structure bill until late February or March after Coinbase Global Inc. (NASDAQ:COIN) withdrew support, with lawmakers now prioritizing housing legislation instead.
The Senate Banking Committee is shifting focus to housing legislation, following President Donald Trump’s executive order directing his administration to prevent large institutional investors from purchasing single-family homes.
Housing is most Americans’ largest monthly expense and a key contributor to inflation.
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