The Intercept
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Business & Economics
Democrats Woke Up to Trump's Crypto Grift. Will They Stop Other Scammers?

73% Informative
Nine Senate Democrats pulled their support for “stablecoin’s” legislation over the weekend .
Meanwhile, Rep. Maxine Waters , D- Calif. , blocked a House hearing on a broader, more ambitious crypto “framework” on Tuesday .
Some centrist party members who had treated cryptocurrency with deference even began to walk away.
Rep. Waters walked out of a joint House Financial Services and Agriculture committee meeting.
Waters said she objected to a joint hearing because of the Trumps ' ownership of crypto.
A witness said some of World Liberty Financial’s most problematic practices are mirrored by other leading companies.
Waters predicted that Democrats ’ focus will soon shift to Trump .
Donald Trump is a full-on authoritarian takeover of the U.S. government.
Court orders are being ignored.
MAGA loyalists have been put in charge of the military and federal law enforcement agencies.
VR Score
73
Informative language
70
Neutral language
29
Article tone
semi-formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
11
Source diversity
9
Affiliate links
no affiliate links