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Trump Crypto Deals Provoke Senate Backlash

May 5, 2025 · 4:23 pm ET · Leave a Comment

“Senate Democrats are demanding changes to cryptocurrency legislation pending in Congress, responding partly to growing evidence that the Trump family is using its connections and President Trump’s power to profit from crypto trading,” the New York Times reports.

“The pushback intensified late last week after a closed-door meeting among Senate Democrats in which Senator Chuck Schumer, the Democratic leader, told colleagues they should not commit to voting for the so-called GENIUS Act, a bill backed by the crypto industry.”

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Taegan Goddard

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False Flag

A “false flag” describes covert operations designed to deceive by creating the appearance that activities are being carried out by groups or nations other than those who actually planned and executed them.

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