US (AMERICANS FOR FINANCIAL REFORM) : TRUMP and CRYPTO BILLIONAIRES are PRESSURING the SENATE now.

 

The crypto industry is escalating its campaign to buy policy giveaways in  Washington. Crypto billionaires and corporate executives are building enormous political war  chests and openly planning to spend big in the midterm elections to pressure  lawmakers into passing industry-written legislation. Their goal is simple. They want  Congress to pass crypto bills that weaken oversight, strip away consumer protections,  and legitimize a financial system riddled with scams and conflicts of interest. Donald Trump is amplifying that pressure. As Congress debates crypto legislation,  Trump has stepped in to push lawmakers to act quickly in a dispute between crypto  firms and banks, siding with the crypto industry, and is urging Congress to move  forward with bills that would deregulate large parts of the crypto market —  imperiling people’s financial stability regardless of whether they invest in  crypto. This is what corruption looks like in real time. Billionaires threaten to spend  millions to punish lawmakers who stand in their way, while politicians rush to  deliver the deregulation they demand. The result would be weaker safeguards  for consumers, fewer tools for regulators, and a financial system even  more vulnerable to fraud and instability. Tell the Senate to block crypto industry drafted legislation that codifies  corruption and weakens consumer protections. SIGN AND SEND The crypto industry has already spent enormous sums trying to reshape  U.S. financial policy. Industry-backed political groups are raising massive  funds to influence elections and pressure lawmakers who refuse to  support their agenda. Their strategy is clear. Flood campaigns with money, threaten lawmakers  with primary challenges, and push Congress to pass bills written to benefit  crypto insiders. If Congress caves to this pressure, the consequences will be felt across the  entire financial system. Deregulation would make it easier for crypto firms to  evade oversight, easier for bad actors to exploit loopholes, and harder for  regulators to stop the next major collapse before it harms investors and  people — even those who never invested in crypto. Americans for Financial Reform is fighting back by exposing this  pressure campaign, working with lawmakers who refuse to be  intimidated, and mobilizing public opposition to stop these  dangerous bills. Tell the Senate to block crypto legislation that legalizes corruption  and weakens consumer protections. Let’s stop crypto billionaires from buying our financial system. -Mark Mark Hays (he/his) Associate Director for Cryptocurrency & Financial Technology Americans for Financial Reform SUPPORT THE CAMPAIGN Americans for Financial Reform