The US Senate has never been closer to the approval of great cryptographic legislation because it reflects on the bill on stable regulations, but some Democrats insist that the final debate must face the accused conflicts of President Donald Trump.
Supporters of American legislation on Stablecoin hoped to remove their efforts in a single week, but the debate will continue in a second week of action on the floor plan for the surveillance of tokens based on a dollar in the heart of trading in digital assets.
Part of this debate will be a push of a leading faction of the Democrats, in particular the Senators Elizabeth Warren and Chris Murphy, to modify the legislation directly targeting the president and other senior officials (including the members of the Congress) to engage in Stablecoin affairs – a restriction that Trump was already going to run with an Afoul from his family.
“Elected officials are responsible for serving the American people – and not to make their own pockets,” a group of seven democrats said on Friday who also includes the chief of the Chuck Schumer minority in a statement, the day after Trump welcomed more than 200 of the best investors of his own private dinner. “To reprimand the blatant corruption of the president and his family, our amendment prohibits the president, vice-president and senior officials to benefit directly or indirectly from a Stablecoin company during his mandate.”
Read more: Democrats threaten prosecution, join demonstrations before Trump’s dinner Memecoin
Other Democrats who chose at the beginning of last week to move forward with the bill argued that the American Constitution already makes it illegal for the president to accept anything of foreign interests, as they claim that Trump does with his family cryptography business. These senators, including Kirsten Gillibrand from New York, said there was no need to repeat it in the Stable bill. But Murphy countered at a press conference on Thursday that the continuation of legal violations under this constitutional provision is much more difficult than making a new law that has explicit consequences.
Senator Bill Hagerty, the republican of Tennessee who supported the law of guide and establishment of national innovation for the stablescoins (genius), said in an interview on Friday on Fox Business that he was “optimistic while we adopt this text of legislation, and I am delighted that we have obtained a strong bipartisan support here, that we move in good way.” The bill wrote a so-called voting on the cash register on Monday which required 60 votes, supporters of 66, including more than a dozen democrats.
The vote to advance the bill meant that a defined period of debate on the floor would begin before having to erase another obstacle to the Clot and obtain its final vote on approval, which would occur with a simple majority. At that time, the room can either adopt the work of the Senate, or pass something similar which can be meshed with the engineering law in a compromise negotiation which would lead to even more votes.
Murphy said Thursday that the stable debate will continue next week. In response to a Coindesk question, he said that some democratic colleagues who approved the previous vote for the cash may not do it again if the current debate of the stable reserve does not enter the question of Trump.
Many of the same Democrats who protested Trump’s same dinner seek to direct the debate on the stables on the potential conflicts of government representatives. Murphy said Trump directs “the most corrupt white house in the history of the country”.
“It is not because corruption takes place in the public where everyone can see that it is not rampant and raptor corruption,” he said.
But Trump’s son Eric appeared at the 2025 consensus in Toronto earlier this month, arguing that cryptographic affairs do not offer access to the presidency.
“I started world freedom long before I was elected,” said Eric Trump. “We were in the world of cryptography long before being elected, and one has absolutely nothing with the other.”
And Bo Hines, a White House advisor for digital assets, said at the same consensual event that “the President of the United States could not be bought”.
