Gillibrand’s Last-Minute Reversal Helps Block Trump-Backed Crypto Bill

Senator Kirsten Gillibrand voted with Democrats to block a crypto bill critics called a handout to President Donald Trump, hours after privately lobbying colleagues to support it. The procedural motion failed 49-50, short of the 60 votes needed. Gillibrand, a centrist and longtime crypto supporter, urged fellow Democrats to advance the bill before joining progressives like Senator Elizabeth Warren in opposing it. Critics cited Trump's $1.4 billion in crypto profits and loopholes in ethics provisions, including weak enforcement mechanisms. The vote highlights Democratic divisions ahead of midterms, with crypto super PACs threatening to target vulnerable incumbents. Gillibrand's office did not respond to requests for comment, while progressive group Demand Progress criticized her last-minute reversal.