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Crypto, and its cash, gets snarled in the Senate
['Https', 'Www.Semafor.Com Author Eleanor-Mueller', 'White House Economic Policy Reporter']
Semafor
That’s a problem for the crypto industry’s network of super PACs, known as Fairshake, which had nearly $140 million to spend at last count.
“That’s the whole reason [Senate Majority Leader John] Thune has to have a vote,” one industry executive told Semafor.
“Forcing [a] vote that would fail makes no sense,” Sen. Mark Warner, D-Va., told Semafor.
As time runs out, advocacy group Stand With Crypto said Monday it would incorporate the vote into lawmakers’ scores.
“We need to get it done” now, Sen. Cynthia Lummis, R-Wyo., told Semafor.