Trump’s Ties Make Crypto’s Democrat Allies Stomp Brakes on Bills

Senate Democrats are balking at advancing landmark stablecoin legislation due to President Donald Trump's increasing personal benefits from his own crypto ties.Over the weekend, Sen. Ruben Gallego, a Democrat elected to represent Arizona with $10 million in backing from crypto super PAC Fairshake, warned with eight of his colleagues that they would not vote to advance the current version of the Guiding and Establishing National Innovation for U.S source: https://www.coindesk.com/news-analysis/2025/05/05/trumps-ties-make-cryptos-democrat-allies-stomp-brakes-on-bills