How a Tiny House GOP Faction Held US Stablecoin Legislation Hostage—Until Trump Stepped In
Washington's latest crypto drama unfolded like a bad DC sequel—small group, big power play. A handful of House Republicans just proved how easily blockchain progress gets shackled by political theater.
Behind the scenes: The stablecoin bill—a rare bipartisan bright spot for crypto regulation—got ambushed by internal GOP maneuvering. No economic arguments, no technical debates. Just old-fashioned leverage.
The twist? Enter Trump. The 45th president's intervention broke the logjam within hours. Because nothing moves legislation faster than fear of a tweet storm from Mar-a-Lago.
Finance veterans shrug: 'Same Wall Street playbook—hold reforms hostage until someone richer shows up.' Meanwhile, the actual blockchain builders keep shipping code while D.C. plays musical chairs with their future.