Trump, GENIUS and cryptocurrency
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Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”
MAGA Rep. Marjorie Taylor Greene has broken with President Donald Trump for the third time this week. The Georgia congresswoman voted against a landmark cryptocurrency bill Thursday, despite Trump ordering Republicans to pass it in a Truth Social post featuring the opening line,
In the battle over President Trump’s spending priorities, Republicans say they’re running the table, leaving Democratic lawmakers and a tiny band of GOP critics in the dust.
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Investor's Business Daily on MSNCrypto Week: Is Congress About To Create A U.S. Shadow Banking Sector?The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.
Over 1 in 5 top Trump appointees reported investments in crypto and other digital assets, far more than previous administrations, a Post analysis found.
One of the bills, known as the Genius Act, would set up oversight of stablecoins, a popular crypto asset typically pegged to a government currency such as the U.S. dollar. That peg keeps their price steady, making them attractive to traders looking for a store of value while they buy and sell more volatile cryptocurrencies.
A day after President Donald Trump claimed a deal was reached with GOP holdouts, the House was yet again locked in a standstill over moving forward on a trio of crypto bills -- breaking a record for the longest House vote in recent history.