FOR IMMEDIATE RELEASE: May 13, 2026
CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org
Statement of Mark Hays, Associate Director, Crypto and Fintech Policy, Americans for Financial Reform and Demand Progress Action
Senate Banking Committee Poised to Pass Dangerous Deregulatory Crypto Bill Thursday
“Senate Banking Committee members will soon show whether they are totally beholden to the crypto billionaires or that they are willing to stand up for everyday people and financial stability. The lopsided, industry crafted legislation before the Committee will likely enrich and embolden the crypto insiders — including the Trump family — that are undermining democracy in this country. Senators must resoundingly reject this bill to protect the economy, workers’ retirement savings, and the public trust.”
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