Rep. Watson Coleman Votes Against Package of Crypto Bills
Today, Congresswoman Bonnie Watson Coleman (NJ-12) voted against a package of bills that would have set a dangerous lack of regulation of the crypto industry.
“These bills are a scam to help President Trump cash in on his crypto dealings. Trump has been lobbying members of Congress to pass these laws to make himself and his family richer while he’s President. Since launching his crypto ventures, President Trump and his family have gotten half a billion dollars richer off their schemes by selling access to the President.
“A public office should never be for sale. And the American people should not have to compete with billionaires and corrupt foreign governments to have their voices heard. All the same lobbyists and corporate special interests who’ve crept into our political process now have an easy way to funnel unlimited amounts of cash directly to the President of the United States.
“So whenever you see a new headline about Donald Trump’s crypto ventures, remember this: It’s just another way he’s abusing the presidency for his own gain.”