The Stablecoin “Hotlined” bill for voting, but it strikes Dem Curveball while shepherds flee

The Senator Bell Herjit, R-ENN. Stablecoin “Hotlined” A faster Senate vote, just as Democrats began to raise political and political concerns about the legislation they previously supported.

“The genius law (directing and creating the national innovation of the American Stablecoins) creates a strong organizational framework and a manifestation to modernize our payment systems and confirms the dominance of the US dollar,” said Haji News Digital on Monday. Stablecoins estimate In trading to $ 243 billion.

“I am enthusiastic about seeing it soon to ensure the prosperity of the innovation of digital assets in America, customers are protected, and foreign companies are held on the same standards,” he said.

However, Hajari was also criticizing the Democrats-some of whom defected after they originally supported the legislation in March-while the Republican sponsored them, Sis.

For us to consolidate itself as a bitcoin mining center

Haji added: “We cannot allow party games to take out the momentum that we have seen during the past three months on this legislation. We have a choice here: go ahead or confirm that the legislation of assets and digital encryption is still just a Republican field.”

Supporters say Stablecoin is a type of cryptocurrency that directly tracks a currency supported by the government like the US dollar, which gives it more security, legitimacy and the least fluctuation.

After announcing a Stablecoin associated with Trump It was adopted by an Emirati company for a large investment in Binance, and Senator Elizabeth Warren, de-Mass, appears to be timing.

“A shaded fund, backed by a foreign government, has just announced that it will make a $ 2 billion deal Donald Trump Warren said in a statement: “

Trump’s Stablecoin’s co -founder has been chosen for $ 2 billion.

((This) legislation will make it easier for the president and his family to line up their own pockets. “

However, Warren’s criticism was different from the criticism of former supporters such as Senator Robin Galigo, De Areez, who instead suggested that the reconsideration was more rooted in the political process to consider the draft law.

Gallego originally said that digital origins appear “here to survive” and that Congress must find an agreement from the two parties on how to organize it for the safety of the consumer.

“Although this bill is not perfect, we have made many improvements through the work of our two -party committee – including better protection for customers in bankruptcy, addressing national security risks, and promoting preservative studies to maintain financial stability – and I think it is a step in the right direction,” he added at that time.

However, on Sunday, Galigo refused to demand his sudden change in the political heart – such as Warren or others.

“This is not some reflection anywhere by the Democrats,” he said. “The fact of the matter is that the Democrats, including me and my team, were trying to negotiate with the Republicans for weeks.”

“It seems that they want us to absorb it and vote for this bill without our inputs,” he said.

Click here to get the Fox News app

In a statement issued by Galigo and other eight Democrats, the bloc said they support a regulatory framework of the two parties, but the “open mind” approach to work across the corridor did not address their concerns.

The legislators wrote that the draft law requires more discussion on the provisions of anti -money laundering, accountability and national security.

Separately, Senate minority leader Charles Schumer, DN.Y. Democrats support the draft law during a lunch on Thursday against warming to the law of genius, To politico.

Shomer’s office did not respond to the request for comment, but the meeting of the meeting of Fox News Digital was confirmed by a Republican source.

In addition, Shomer previously supported the addition of Stablecoin’s legislation to the re -authorization of 2024 to finance the Federal Aviation Administration, saying that his goal is “Is this: I want to bring members on both sides of the corridor here in the Senate … so that we can transfer reasonable legislation that helps the United States to maintain its position as a more innovative country in the world.”