Regulation· ★★★★· neutral·

Maxine Waters urges Congress to pause crypto legislation over Trump profits

  • —The Trump family's crypto projects generated about $1.2 billion in wealth gains
  • —The Senate rejected the CLARITY Act on Sept. 15-16 by a 49-50 party-line vote
  • —Waters' amendments to the American Reserve Modernization Act were rejected 21-28
  • —Waters introduced the STOP TRUMP and CRYPTO Act targeting officials' crypto businesses
Why it matters: The partisan deadlock over crypto legislation delays market rules and deepens regulatory uncertainty in the U.S.
Source: Crypto Briefing
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