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102 House Democrats, Including Jeffries, Help GOP Send Crypto Bill to Trump's Desk
"Congress surrendered to the onslaught of crypto political spending and legitimized the world's biggest Ponzi scheme," said one GENIUS Act critic. "They also forfeited an opportunity to stop Trump's massive crypto grift."
Jul 17, 2025
More than 100 Democrats in the U.S. House of Representatives helped Republicans send what would be the country's first major cryptocurrency law to the desk of President Donald Trump, despite warnings that the legislation would not only further his corruption, but also "expose our financial stability, national security, and consumer protections to greater risk."
All but a dozen voting Republicans and 102 Democrats—including House Minority Leader Hakeem Jeffries (N.Y.)—supported the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which last month passed the Senate 68-30, with support from 18 Democrats.
If signed by the president, as is expected, the bill would create a regulatory framework for stablecoins, which are pegged to the value of existing assets such as the U.S. dollar. The Trump family's World Liberty Financial has issued the stablecoin USD1.
@housedemocrats.bsky.social Shame on all of you. You have no foresight and no backbone.
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— Jodi Jacobson (@jljacobson.bsky.social) July 17, 2025 at 5:52 PM
Advocacy groups and Democrats critical of the GENIUS Act, and other bills making their way through Congress during "Crypto Week," have highlighted how the legislation would "bolster Trump's business empire while putting American interests at risk."
Leading House Democratic opposition to the GOP's package is Financial Services Committee Ranking Member Maxine Waters (D-Calif.), who warned last week that "these bills would make Congress complicit in Trump's unprecedented crypto scam."
As Politico detailed Thursday:
Waters and other Democrats called for presidential ethics provisions to be added to the bills, pointing to the Trump family's business entanglements in the crypto industry. Trump and his sons have stakes in several crypto ventures, including a company they launched last year that issues a stablecoin and could benefit from the GENIUS bill that is now awaiting the president's signature.
But a growing bloc of the party has joined Republicans in lining up behind the digital asset industry's Washington agenda, a sign of crypto firms' ascendance as a political force. Companies in the crypto sector have poured hundreds of millions of dollars into influence efforts, and a mountain of super [political action committee] money is threatening to target lawmakers who stand in the way of the industry's goals.
After Thursday's vote, Bartlett Naylor, a financial policy advocate for the consumer advocacy group Public Citizen, declared that "today, House members piled venality onto perversion onto corruption. In approving this crypto-enabling bill, Congress surrendered to the onslaught of crypto political spending and legitimized the world's biggest Ponzi scheme."
"To add insult to injury," Naylor added, "they also forfeited an opportunity to stop Trump's massive crypto grift, some of the most heinous and flagrant corruption in American presidential history."
RM @repmaxinewaters.bsky.social slams Republicans’ UNSTABLE Act:“The UNSTABLE Act creates the appearance of a federal framework for #stablecoins, but it does not provide the Federal government with the full authority it needs.” | tinyurl.com/5t2skxvnWATCH: www.youtube.com/watch?v=BQWy...
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— U.S. House Committee on Financial Services - Democrats (@ushousefsc.bsky.social) July 17, 2025 at 1:23 PM
In addition to sending the GENIUS Act to Trump, the House advanced two other crypto bills on Thursday: the Digital Asset Market Clarity (CLARITY) Act, which would create a regulatory framework for digital asset markets, and the Anti-CBDC Surveillance State Act, which would prevent the Federal Reserve from issuing a central bank digital currency (CBDC).
All Republicans present and 78 Democrats backed the CLARITY Act, while just Democratic Reps. Jared Golden (Maine) and Shri Thanedar (Mich.) voted alongside the GOP to pass the CBDC ban. Both of those bills still need Senate approval.
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'Good Trouble Lives On' at Anti-Trump Protests in 1,600 Cities Across US
"They want to rule by fear," said one advocacy group. "We will respond with power, people, and purpose. "
Jul 17, 2025
As the Trump administration attacks immigrant communities, working families, and the rule of law and brings the United States "to a crossroads," as one organizer said this week, rights advocates across the country are set to attend the fifth annual National Day of Action in honor of the late congressman and activist John Lewis on Thursday—with plans to get into "Good Trouble" in defense of democracy.
This year's event, held on the fifth anniversary of the Georgia Democrat's death, is titled the Good Trouble Lives On National Day of Action, after a demand from Lewis—who worked alongside civil rights leader Martin Luther King Jr. in the 1960s—for Americans to get into "good trouble" by taking part in nonviolent protests to challenge in justice.
"Find a way to get in the way," Lewis said in 2020 said in 2020, just a few months before his death, at an event marking the 55th anniversary of the historic voting rights march in Selma, Alabama, where he was arrested in 1965. "Get in good trouble, necessary trouble, and help redeem the soul of America."
Lewis made his celebrated remarks in the final year of President Donald Trump's first term in office, and organizers this year are rallying around the growing nationwide opposition to Trump's anti-immigration, pro-billionaire agenda to encourage Americans to attend rallies and other events in every state in the country.
A flagship event will be held in Chicago Thursday evening, with a livestream of the rally set to begin at 7:00 pm local time. Other anchor events will take place in Atlanta; St. Louis; Annapolis, Maryland; and Oakland, California—but those are just a few of the 1,600 cities and towns where advocates plan to hold rallies and other nonviolent actions.
Good Trouble Lives On actions are being held in the wake of Senate Republicans' latest attack on programs that serve ordinary Americans and people around the world: the passage of a bill to rescind $9 billion in already-approved congressional funding for public media and foreign aid programs.
As Common Dreams reported Wednesday, the administration has also sparked alarm over voting rights and a potential plan to interfere with elections in 2026 by embarking on an "unprecedented effort to collect data on voters."
Trump's attacks on immigrants across the country are also continuing in full force, as Immigration and Customs Enforcement agents make arrests at courthouses and carry out raids at farms, schools, medical facilities, and residential communities. Despite earlier claims that the administration would target violent criminals in its mass deportation and detention operation, arrests of immigrants with no criminal record have surged—with the administration refusing to adhere to constitutional law guaranteeing due process for everyone in the United States.
"They want to rule by fear," said One Fair Wage, an advocacy group for service workers, ahead of the protests on Thursday. "We will respond with power, people, and purpose. We are not spectators to history. We are the makers of it."
Organizers said the "streets, courthouses, and community spaces" where the Trump administration has waged its attacks will be the sites of the protests.
The day of action also follows the passage earlier this month of Trump's massive domestic policy package, which includes permanent tax cuts for wealthy Americans and corporations—at the expense of low- and middle-income households. The package includes cuts to Medicaid and the Supplemental Nutrition Assistance Program, a $45 billion expansion of immigration detention facilities, and a termination of green energy programs, among other provisions.
"The attacks on our communities, the assault on the rule of law and democracy, and the greedy acts of corporations and billionaires have led us to a crossroads," said Lisa Gilbert, co-president of the consumer advocacy group Public Citizen. "And as a result, we are asking people around the country this Thursday to make good trouble."
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Critics Urge Senate to Reject Trump's Deadly Rescission Package, Regardless of AIDS Funding
One humanitarian leader pointed out that the bill contains $1.3 billion in cuts to initiatives "every bit as lifesaving" as the AIDS prevention program that Republicans spared amid public pressure.
Jul 15, 2025
Progressives and public health advocates on Tuesday were among those urging U.S. senators to vote against Republican legislation that would let President Donald Trump claw back billions of dollars already appropriated by Congress, even as GOP lawmakers ditched plans to cut funding for an HIV-AIDS prevention program that has saved tens of millions of lives in Africa.
Politico reported that Senate Republicans will remove $400 million in funding cuts to the President's Emergency Plan For AIDS Relief (PEPFAR), an initiative of former President George W. Bush credited with saving more than 25 million lives in Africa since its implementation in 2003.
However, the rescission package—a version of which was passed last month by the House of Representatives—still includes $1.3 billion in cuts to humanitarian aid programs that Jeremy Konyndyk, president of the advocacy group Refugees International, called "every bit as lifesaving as PEPFAR."
These include programs to fund public health, emergency food and shelter assistance, peacekeeping, economic development, and other essential aid that helps stabilize war- and disaster-stricken populations in the Global South.
"Even though the Senate has removed $400 million in PEPFAR funding from the rescissions package, another $500 million in global health funding could still be cut," Think Global Health managing editor Nsikan Akpan noted Tuesday.
Office of Management and Budget Director Russell Vought said Tuesday that the White House has agreed to an exemption for PEPFAR funding via a substitute amendment.
"It's substantially the same package and the Senate has to work its will and we've appreciated the work along the way to get to a place where they've got the votes," he explained.
Jacob Leibenluft and Devin O'Connor, respectively senior adviser and senior fellow at the Washington, D.C.-based Center on Budget and Policy Priorities, noted that in addition to cuts to critical programs, the rescission package, combined with the Trump administration's wider campaign of unlawfully impounding funds, "could also make it far more difficult for Congress to fund the government in a bipartisan way in the future."
As the pair explained:
Most of the funds in the rescission package were enacted in March legislation that was passed by Congress—including on a bipartisan basis in the Senate—and signed into law by the president to fund the government for the rest of fiscal year 2025. To provide the 60 votes required to avoid a Senate filibuster, at least eight Democratic senators needed to join with 52 Republican senators to invoke cloture on the funding bill.
But presidential rescission requests operate under different rules and require only 51 votes to pass the Senate, so no Democratic votes are needed. If the Senate approves the package (which passed the House on a party-line vote), this would show that Republicans could quickly revise on a partisan basis, with merely 51 votes in the Senate, a bipartisan funding agreement reached only a few months earlier that required support from no fewer than 60 senators.
"Senators should keep those consequences in mind as they consider the president's current rescission request," Leibenluft and O'Connor advised.
The consumer advocacy group Public Citizen cited both PEPFAR and the billions of dollars in other cuts to foreign aid contained in the package as reasons to oppose it.
Sen. Bernie Sanders (I-Vt.) took aim at the bill's $1.1 billion in cuts to the Corporation for Public Broadcasting (CPB), which funds PBS and NPR.
"Like all authoritarians, Trump doesn't like criticism or objective reporting. He just wants flattery," the senator said on social media. "That's why he wants to defund NPR and PBS. We need media in this country that is not owned by billionaires and corporate interests. I will vote to support public broadcasting."
The chairs of the Congressional Tri-Caucus—Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.), Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), and Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.)—on Tuesday led a letter urging senators to reject the rescissions bill due to CPB cuts.
"CPB's elimination would decimate public media infrastructure, as the vast majority of its funding goes directly to local stations, many of which rely on it for over half their operating budgets," the lawmakers wrote. "In rural and tribal areas, this would shut down stations that serve as lifelines for public safety, education, and culturally relevant programming. Eighty percent of Native American and Alaska Native communities are rural or remote, and public television is often the only station reaching them consistently."
Polling published Tuesday by Data for Progress revealed that the proposed cuts in the rescission package are deeply unpopular, with a majority of respondents saying that funding for global health programs, public broadcasting, and developmental aid should be maintained at current levels or increased.
NEW: As Senate Republicans approach the Friday deadline to pass Trump’s rescissions package, voters reject the proposed billions of dollars in cuts to global aid and public broadcasting.We find that less than 30% of voters want cuts to these programs.www.dataforprogress.org/datasets/pol...
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— Data for Progress (@dataforprogress.org) July 15, 2025 at 6:54 AM
GOP senators—who are under pressure, as the proposed cuts must be approved by Friday under the Impoundment Control Act (ICA) of 1974, the law they are using to skirt a Democratic filibuster—say they hope to pass the entire package before next month's summer recess.
On Monday, a coalition of 24 states and the District of Columbia sued the Trump administration, alleging it violated the ICA and demanding the release of $6.8 billion in approved education funds that the suit argues have been illegally withheld.
"Courts across the country have made it clear to Donald Trump that he and his administration do not have the authority to unilaterally block funding that Congress has already approved," Democratic Michigan Attorney General Dana Nessel said in a statement. "These education grants are designed to help Michigan students thrive. By freezing them, the Trump White House is not just breaking the law but jeopardizing our kids' future."
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