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Sen. Kirsten Gillibrand Wants to Save Crypto — But Trump Windfall Is a Political Obstacle

Democrats want ethics limits as the bill needs seven Senate votes and the industry seeks Wall Street money, while Trump’s $1.4 billion windfall raises concerns.

Summary by The Intercept
Centrist Democrats like Sen. Kristen Gillibrand criticize Trump’s newfound billions, but work to boost the crypto industry that enabled his grift.

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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South China Morning Post broke the news in Hong Kong, Hong Kong on Saturday, July 11, 2026.
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