Senate Republicans warn crypto bill likely to fail over ethics language
Sen. Thom Tillis said the Senate’s bipartisan cryptocurrency regulatory bill is likely to fail when the chamber returns next week, citing little movement on a Democratic ethics demand tied to the president and family.
Republican senators are warning that the Senate’s bipartisan cryptocurrency regulatory bill could fail next week when the chamber returns, with little movement on the Democratic ethics demand covering the president and his family, according to two Democratic aides. Sen. , said it “does not look good right now,” while Sen. , said the bill would fail if there is no White House interest in bridging the gap on the ethics language.
A failed vote could prompt the crypto industry to spend more in key Senate and House races, though Sen. , said it is not a top issue with voters and that he has not heard about it back home.