The crypto bill is falling apart in Congress
Senator Schumer announced that Democrats would block any budget funding for ICE, potentially leading to a government shutdown.
Part of a bigger event
The shootings in Minneapolis are upending the politics of immigration in Congress - AP News2 articles·2 sources·Avg cred 97/100
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tl;dr
The Clarity Act crypto bill faces a likely collapse as Senate Democrats, led by Chuck Schumer and Patty Murray, threaten a government shutdown over ICE funding following a fatal shooting. The legislation also remains stalled by a lobbying war between Coinbase and traditional banks.
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CSChuck SchumerD-New York
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