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Democrats Woke Up to Trump's Crypto Grift. Will They Stop Other Scammers?

The Intercept
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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.

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