Scoop: Progressives scorch Gillibrand over crypto

Progressive advocacy groups have launched a pointed attack on Senator Kirsten Gillibrand, who chairs the Democratic Senatorial Campaign Committee, over her support for the CLARITY Act — a crypto regulation bill now being negotiated on Capitol Hill. Per Axios, Indivisible, Demand Progress, and the Revolving Door Project argue that Gillibrand's son's involvement in the crypto industry creates a conflict of interest that undermines Democratic criticism of President Trump's estimated six-hundred-million-dollar crypto windfall. Gillibrand has pushed back, calling for a ban on elected officials and their spouses from issuing or sponsoring digital assets — a stance she says should draw bipartisan support. The uproar complicates negotiations over the bill's ethics language, which remains the biggest obstacle to reaching the sixty votes needed for Senate passage, and it signals to Democrats that progressive groups are ready to make support for crypto legislation politically costly.

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