Schumer, Warren Press Senate Democrats to Stall Stablecoin Bill

Catenaa, Saturday, May 10, 2025-Senate Democrats withdrew support for a bipartisan stablecoin bill after pressure from Senate Minority Leader Chuck Schumer and Sen. Elizabeth Warren, Politico reported last Sunday (4), casting doubt on the future of the legislation. The reported intervention followed a closed-door meeting last week, where Schumer advised Democratic senators to hold back […] source: https://investors.catenaa.com/news/schumer-warren-press-senate-democrats-to-stall-stablecoin-bill