US (AMERICANS FOR FINANCIAL REFORM) : 🚨BREAKING: SENATE REJECTS BILIONAIRE-BACKED CRYPTO BILL!

 

The crypto industry put at least $300 million behind candidates in the midterms to try and force the CLARITY Act through Congress. Today, Senate Democrats and several Republicans voted to block this dangerous crypto legislation from moving forward. The crypto industry spent $300 million to ram this through but, thanks in large part to you, today they lost. We blocked the bill and the crypto industry will have to start over and try again. We defeated them because leaders in Congress and their staff, our allies working with us online and on-the-ground, and our more than 350,000 nationwide grassroots network (which includes YOU) took action, stood up, and fought back. Thank you! It’s great news and we all need to celebrate this important victory. We also need to be realistic. Wall Street, crypto billionaires, and the scammers who bankroll them will not give up. They’ll be back to try again. But if there’s one thing I know for certain, it’s that we’ll be back — you and I and the rest of this incredible team at Americans for Financial Reform — again to stop them. Thanks to your support we’re able to be in this fight every day. While Wall Street and Big Tech hire an army of high-paid lobbyists, AFR does this work with research, organizing, public pressure, and people power. Whether it’s the crypto industry, Big Tech billionaires, or Wall Street, we’re able to fight back because of you. Chip in now to help Americans for Financial Reform keep fighting for an economy that works for everyone now. If you've saved your payment information with ActBlue Express, your secure donation will go through immediately: Chip in $10 now Chip in $25 now Chip in $150 now Chip in $300 now Chip in $500 now other amount The crypto industry came to Washington for special treatment and a weaker rulebook. Wall Street and billionaire executives want to game the system to benefit the wealthy few. They know that without regulations, without reforms and consumer protections, working people will have to live with the crashes, the scams, and the fallout in the rest of the financial system. They’re counting on being too big to fail and a government that will bail them out with taxpayer dollars. They also know that we can stop them. We have before — and we will do it again. And again. And again. Wall Street, billionaires, and crypto scammers won’t stop. And neither will we, because we have you to fight for and you to back us up. We’re grateful for your support. Will you rush a donation to support this work now? Thank you for everything you do. -Mark. Mark Hays (he/his) Associate Director for Cryptocurrency & Financial Technology Americans for Financial Reform. Support the campaign Americans for Financial Reform