Kevin O’Leary Slams Elizabeth Warren’s Stablecoin Bill Critique as ’Un-American’
Shark Tank investor Kevin O’Leary has sharply rebuked Senator Elizabeth Warren for linking the GENIUS Act—a proposed stablecoin regulation bill—to former President Donald Trump’s crypto affiliations. O’Leary labeled her stance as "un-American" and accused her of conflating politics with financial policy, potentially jeopardizing the U.S.’s competitive edge in global finance.
The GENIUS Act, which advanced in the Senate this week, aims to establish oversight for stablecoins. Warren raised concerns that the legislation could enable TRUMP to benefit from USD1, a stablecoin tied to a $2 billion foreign crypto deal involving his family. O’Leary dismissed her warnings as "completely deranged," emphasizing the need for regulatory clarity without partisan interference.
