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Senate Dems Hand Trump a Win by Backing Stablecoin Bill (theintercept.com)

submitted 1 week ago* (last edited 1 week ago) by geneva_convenience@lemmy.ml to c/progressivepolitics@lemmy.world

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As President Donald Trump prepares to welcome the top investors in his meme coin to a private dinner, centrist Senate Democrats gave a different kind of gift to the crypto industry on Monday.

Two weeks after helping tank an earlier vote on the so-called stablecoin bill, a group of 16 Democrats voted with nearly every Republican to push the bill past a filibuster threat.

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[–] grrgyle@slrpnk.net 8 points 1 week ago

It's like they're hedging their bets with fascism. God I hope they live to regret it.