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Passages

(3,209 posts)
Tue Jul 15, 2025, 04:53 PM 17 hrs ago

House Democratic leaders won't whip against crypto bills

A slate of digital currency bills is poised to split Democrats on the House floor this week.

By Jasper Goodman and Nicholas Wu

07/14/2025, 5:17pm ET

House Democratic leaders will not whip against the landmark cryptocurrency bills that will be on the floor later this week despite opposition from the party’s top member on the Financial Services Committee.

The decision highlights an ongoing split on the left over the risks and rewards of digital assets.

A notice sent to Democrats on Monday by Whip Katherine Clark’s office, which was obtained by POLITICO, sharply criticized both a crypto market structure bill and a Senate stablecoin measure that the lower chamber is slated to vote on, but did not tell members how to vote.
https://www.politico.com/live-updates/2025/07/14/congress/house-dems-crypto-bills-waters-clark-french-hill-00451763


Joseph Stiglitz: Bitcoin ought to be outlawed
The World Economic Forum
https://www.weforum.org › stories › 2017/11 › joseph-...
Nov 30, 2017 — Nobel-winning economist Joseph Stiglitz has condemned Bitcoin as “successful only because of its potential for circumvention [and] lack of oversight,”


Joseph Stiglitz: 'We should shut down the cryptocurrencies'
https://www.cnbc.com › 2019/05/02 › joseph-stiglitz-w...
joseph stiglitz on crypto from www.cnbc.com
May 6, 2019 — Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money ...

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House Democratic leaders won't whip against crypto bills (Original Post) Passages 17 hrs ago OP
I'm with Stiglitz. hedda_foil 17 hrs ago #1
Crypto is gross IMO, but all I can figure is Dems don't want to lose out on donations from the LymphocyteLover 3 hrs ago #2

LymphocyteLover

(8,324 posts)
2. Crypto is gross IMO, but all I can figure is Dems don't want to lose out on donations from the
Wed Jul 16, 2025, 07:23 AM
3 hrs ago

crypto "industry".

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