In a dramatic turn during Crypto Week, President Trump publicly claimed that key House Republicans had changed their stance on crypto regulation bills, promising support after earlier resistance. The swift reversal underscores Trump's dominance within the GOP, even as a faction remains skeptical. The legislation's failure to clear procedural hurdles initially signaled internal dissent, but Trump's intervention appears to reassert control, possibly influencing legislative momentum on critical financial regulation issues.
For politically aware conservatives, this episode highlights the ongoing battle between establishment and populist factions within the party, as Trump leverages influence to sway policy outcomes. The episode also signals potential for renewed legislative pushback or consolidation, depending on how party loyalty aligns with Trump’s agenda. The crypto industry’s hopes for wins this week are now in limbo, reflecting the complex power plays shaping future regulation and party unity. Read the full story at the source.
