Progressive Politics

2726 readers

611 users here now

Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

(Sidebar still a work in progress post recommendations if you have them such as reading lists)

founded 2 years ago

MODERATORS

TokenBoomer@lemmy.world

Senate Dems Hand Trump a Win by Backing Stablecoin Bill (theintercept.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by geneva_convenience@lemmy.ml to c/progressivepolitics@lemmy.world

10 comments fedilink hide all child comments

As President Donald Trump prepares to welcome the top investors in his meme coin to a private dinner, centrist Senate Democrats gave a different kind of gift to the crypto industry on Monday.

Two weeks after helping tank an earlier vote on the so-called stablecoin bill, a group of 16 Democrats voted with nearly every Republican to push the bill past a filibuster threat.

you are viewing a single comment's thread
view the rest of the comments

[–] Zaktor@sopuli.xyz 17 points 2 weeks ago* (last edited 2 weeks ago)

They're all just so damn corrupt. This isn't even one of those bills that skittish Democrats will fret about looking like they're against the police or military and thus requires that they prostrate themselves for belly rubs by Republicans. Crypto's influence is entirely monetary. Regular people think it's a scammy casino for unpleasant nerds.