‘Time to crime’: Trump’s grand plan dealt a serious blow
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One – and the one the Democrats were most focused on – was Trump’s lucrative crypto holdings. The other was the potential impact on US banks, particularly the smaller community banks.
The Democrats wanted changes to the bill to prevent US presidents and other public officials from holding and trading crypto assets. Trump, of course, made more than $US1.4 billion from his crypto interests last year.
“All President Trump wants is time to crime,” Democrat senator Ruben Gallego said after the vote.
“This legislation failed squarely because Republicans refuse to say no to the president.”
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