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Our Revolution Slams Congressional Passage of GENIUS Act as a Gift to Trump’s Corruption and the Crypto Lobby
Group Warns of Grave Consequences for Democracy, Saying Lawmakers on Both Sides Just Legalized Political Self-Dealing, Bribery, and Crypto-Fueled Corruption
Today, Our Revolution, the nation's largest grassroots progressive organization, condemned the passage of the GENIUS Act by Congress, calling it a dangerous handout to crypto billionaires and a green light for Donald Trump’s growing web of self-dealing and corruption.
The bill, essentially written by the crypto industry itself, will deregulate stablecoins, legalize anonymous crypto donations in U.S. elections, and allow elected officials, including Trump, to personally profit from speculative assets. Its passage comes just days before Trump is set to host a private gala for the top buyers of his $TRUMP meme coin, a cryptocurrency venture already making his family millions.
As one of the most vocal national organizations warning about the risks posed by the GENIUS Act, Our Revolution has mobilized thousands of grassroots members to sign petitions, attend town halls, join national organizing calls with Senators Warren and Merkley, and protest outside Trump’s meme coin gala at his Virginia golf club.
“The passage of the GENIUS Act is a stark escalation of kleptocracy and oligarchy in America,” said Joseph Geevarghese, Executive Director of Our Revolution “This bill wasn’t just influenced by crypto billionaires, it was written for them, and passed with bipartisan complicity. While politicians normalize self-dealing and financial elites consolidate power, we hear almost nothing from the media about how this corrupt system is steamrolling democracy and deepening inequality. It’s working-class people who pay the price, while anonymous speculators and political insiders get richer and more unaccountable by the day.”
As Our Revolution previously warned, the GENIUS Act amounts to a billionaire-backed power grab—crafted to benefit Trump’s inner circle and the crypto elite. Crypto speculators spent more than $200 million on the 2024 election, making the industry the largest lobbying force in U.S. politics today. Now, they’re cashing in.
Our Revolution mobilized its national network against the bill, with over 10,000 grassroots members signing a petition demanding Democrats vote no. Despite this outcry, 16 Democrats joined Republicans in the House to advance the legislation—just as Trump prepares to reward anonymous investors with access to political power.
The organization warns that this legislation sets a dangerous precedent: one where political influence is auctioned off to unregulated and untraceable financial actors, and lawmakers on both sides of the aisle normalize profiteering from public office.
Our Revolution will reclaim democracy for the working people of our country by harnessing the transformative energy of the "political revolution." Through supporting a new generation of progressive leaders, empowering millions to fight for progressive change and elevating the political consciousness, Our Revolution will transform American politics to make our political and economic systems once again responsive to the needs of working families. Our Revolution has three intertwined goals: to revitalize American democracy, empower progressive leaders and elevate the political consciousness.
LATEST NEWS
In Latest Attack on Media, Trump Sues Wall Street Journal Over Epstein Report
Citing the suit and other recent Republican attacks on the press, one critic said that "it sure looks like an open attempt at authoritarian control of the media."
Jul 18, 2025
U.S. President Donald on Friday made good on his pledge to sue The Wall Street Journal over its reporting that he wrote a "bawdy" letter for a leather-bound album that Ghislaine Maxwell prepared for the 50th birthday of Jeffrey Epstein, the financier and convicted sex offender who allegedly killed himself in jail while facing federal sex trafficking charges.
Maxwell, who is now serving a 20-year prison sentence "for conspiring with Jeffrey Epstein to sexually abuse minors," collected dozens of letters for the book, according to the Journal.
The one allegedly crafted by Trump, the newspaper reported, "contains several lines of typewritten text framed by the outline of a naked woman, which appears to be hand-drawn with a heavy marker. A pair of small arcs denotes the woman’s breasts, and the future president's signature is a squiggly 'Donald' below her waist, mimicking pubic hair."
As the paper—part of billionaire Richard Murdoch's media empire—detailed Thursday evening:
The letter concludes: "Happy Birthday — and may every day be another wonderful secret."
In an interview with the Journal on Tuesday evening, Trump denied writing the letter or drawing the picture. "This is not me. This is a fake thing. It's a fake Wall Street Journal story," he said.
"I never wrote a picture in my life. I don't draw pictures of women," he said. "It's not my language. It's not my words."
He told the Journal he was preparing to file a lawsuit if it published an article. "I'm gonna sue The Wall Street Journal just like I sued everyone else," he said.
On Friday, the president—a well-documented liar—sued the Journal in a federal court in Miami, Florida for assault, libel, and slander, according to CNN. In addition to the newspaper and its parent company News Corp, Politico reported, "the suit names WSJ reporters Khadeeja Safdar and Joe Palazzolo. It also names Rupert Murdoch."
Trump sued Murdoch and the Wall Street Journal in Judge Aileen Cannon's district. www.cnbc.com/2025/07/18/t...
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— Alejandra Caraballo (@esqueer.net) July 18, 2025 at 5:43 PM
Trump had said on his Truth Social platform Friday morning: I look forward to getting Rupert Murdoch to testify in my lawsuit against him and his 'pile of garbage' newspaper, the WSJ. That will be an interesting experience!!!"
Later Friday, he addressed the filing in a post that noted his other recent lawsuits against media companies:
BREAKING NEWS: We have just filed a POWERHOUSE Lawsuit against everyone involved in publishing the false, malicious, defamatory, FAKE NEWS "article" in the useless "rag" that is, The Wall Street Journal. This historic legal action is being brought against the so-called authors of this defamation, the now fully disgraced WSJ, as well as its corporate owners and affiliates, with Rupert Murdoch and Robert Thomson (whatever his role is!) at the top of the list. We have proudly held to account ABC and George Slopadopoulos, CBS and 60 Minutes, The Fake Pulitzer Prizes, and many others who deal in, and push, disgusting LIES, and even FRAUD, to the American People. This lawsuit is filed not only on behalf of your favorite President, ME, but also in order to continue standing up for ALL Americans who will no longer tolerate the abusive wrongdoings of the Fake News Media. I hope Rupert and his "friends" are looking forward to the many hours of depositions and testimonies they will have to provide in this case. Thank you for your attention to this matter. We will, MAKE AMERICA GREAT AGAIN!
The president's history with Epstein has received heightened scrutiny in recent days, amid demand for the U.S. Department of Justice (DOJ) to release its full files on the late sex offender. The two men were publicly associated with each other in the 1990s, up until a reported falling out over a business deal in 2004. Epstein was first arrested for sex crimes two years later.
Shortly after leaving the Trump administration earlier this year, Elon Musk, the richest man on Earth, claimed on his social media platform X that the president "is in the Epstein files" and "that is the real reason they have not been made public."
After congressional Republicans repeatedly blocked a measure that would force the DOJ to release all Epstein files while protecting victims early this week, Reps. Thomas Massie (R-Ky.) and Ro Khanna (D-Calif.) introduced the Epstein Files Transparency Act and warned that if it is not considered by the House of Representatives within seven legislative days, a discharge petition will be circulated.
Late Thursday, after the Journal report was published, Trump said in a Truth post: "Based on the ridiculous amount of publicity given to Jeffrey Epstein, I have asked Attorney General Pam Bondi to produce any and all pertinent Grand Jury testimony, subject to Court approval. This SCAM, perpetuated by the Democrats, should end, right now!"
In a post on X, Bondi said, "President Trump—we are ready to move the court tomorrow to unseal the grand jury transcripts."
Trump's suit against the Journal comes as CBS parent company Paramount is under fire for its $16 million settlement with the Republican, who filed suit over the media organization's handling of a "60 Minutes" interview with former Vice President Kamala Harris, last year's Democratic presidential candidate, before the November election.
Among the critics framing that deal as a "big fat bribe" intended to secure federal approval of Paramount's pending merger with Skydance is late-night host Stephen Colbert, who announced Thursday that CBS has canceled his show following his recent commentary. The network's claim that it was a financial, not political, decision has been met with widespread skepticism.
"It's pretty obvious why Paramount chose to surrender to Trump," U.S. Sen. Bernie Sanders (I-Vt.) said in a Friday statement. "The Redstone family, the major owners of the company, is in line to receive $2.4 billion from the sale of Paramount to Skydance, but they can only receive this money if the Trump administration approves this deal."
Tying the end of "The Late Show With Stephen Colbert" to congressional Republicans' attack on funding for NPR and PBS, the DOJ targeting Sen. Adam Schiff (D-Calif.), and Trump's threats to oust Federal Reserve Chair Jerome Powell, Sanders declared that "this is what the march toward authoritarianism looks like."
The Paramount settlement followed one in Trump's case against ABC—which last December agreed to pay $15 million and release a note of regret after anchor and political commentator George Stephanopoulos said Trump had been found "liable for rape" of writer E. Jean Carroll. A federal jury found him civilly liable for sexual abuse and defamation, but not rape.
Sanders and several other critics have warned that the media "succumbing to pressure" from Trump sets "an incredibly dangerous precedent."
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Ex-EPA Staff Warn Trump Job Cuts 'Leave Communities Unprotected'
"This does not save taxpayers money; it simply shifts costs to hospitals, families and communities left to bear the health and economic consequences of increased pollution and weakened oversight."
Jul 18, 2025
The U.S. Environmental Protection Agency said Friday that it will reduce its workforce by more than 3,700 and abolish its stand-alone science branch, moves that one group of former EPA officials warned will "gut" research and enforcement and "leave communities unprotected."
The EPA said the personnel cuts—which will be achieved via layoffs, voluntary early retirements, and other measures—will deliver $748.8 millions in savings.
"Under President [Donald] Trump's leadership, EPA has taken a close look at our operations to ensure the agency is better equipped than ever to deliver on our core mission of protecting human health and the environment while Powering the Great American Comeback," EPA Administrator Lee Zeldin said in a statement. "This reduction in force will ensure we can better fulfill that mission while being responsible stewards of your hard-earned tax dollars."
However, the Environmental Protection Network—an advocacy group of over 650 former EPA career staff and political appointees—said the move "signals a systematic dismantling of the agency's ability to protect public health and the environment."
Jennifer Orme-Zavaleta, former EPA principal deputy assistant administrator for science, said that "today's cuts dismantle one of the world's most respected environmental health research organizations."
She continued:
EPA's science office has long been recognized internationally for advancing public health protections through rigorous science. Reducing its workforce under the guise of cost savings is both misleading and dangerous. This does not save taxpayers money; it simply shifts costs to hospitals, families, and communities left to bear the health and economic consequences of increased pollution and weakened oversight.
"The people of this country are not well served by these actions," Orme-Zavaleta added. "They are left more vulnerable."
Environmental Protection Network senior policy adviser Jeremy Symons said, "These layoffs are targeted to do maximum long-term damage to the Environmental Protection Agency because polluter lobbyists are calling the shots."
"This administration claims to champion transparency, but there is nothing transparent about how these cuts are being executed," Symons added. "This is not honest government. It's a deliberate strategy to shrink the agency's capacity while shielding that reality from public view because 9 out of 10 Americans oppose cuts to EPA."
Friday's EPA announcement follows other cuts at the agency amid the Trump administration's evisceration of the federal government, spearheaded by the so-called Department of Government Efficiency. Zeldin has boasted of canceling billions of dollars worth of green grants and ordering the closure of every environmental justice office nationwide. Amid a worsening planetary emergency, Zeldin also bragged about "driving a dagger straight into the heart of the climate change religion."
An appropriations bill currently before Congress proposes slashing EPA funding by 23%.
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50+ Dems Slam Rubio Plan to Burn 500 Metric Tons of Emergency Food Aid
"This action is not only morally indefensible, but also wasteful, strategically shortsighted, and completely counter to the entirety of your work while in the Senate."
Jul 18, 2025
More than 50 congressional Democrats on Friday condemned U.S. Secretary of State Marco Rubio's decision to withhold and destroy nearly 500 metric tons of emergency food aid for Afghanistan and Pakistan—a move that came a month after the Trump administration's State Department abolished all overseas positions at the United States Agency for International Development.
The USAID emergency food aid—which has been stored in a warehouse in Dubai for months and will expire before the end of July—is enough to feed around 1.5 million children for a week. The aid consists of high energy biscuits that are used primarily to satisfy the immediate nutritional needs of children enduring food crises. It is now set to be incinerated.
"This action is not only morally indefensible, but also wasteful, strategically shortsighted, and completely counter to the entirety of your work while in the Senate," the Democratic lawmakers wrote in a letter to Rubio.
"Given the alarming rates of food insecurity and famine in regions like Gaza and Sudan, the decision to burn lifesaving aid produced by American farmers and paid for by American tax dollars amounts to a tragic abdication of our global humanitarian responsibilities and hurts our own global interests," the letter asserts.
Secretary Rubio is planning to withhold 500 metric tons of vital food aid that could feed 1.5 million starving children… and then incinerate the food once it expires. UNACCEPTABLE!
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— Rep. Mark Pocan (@pocan.house.gov) July 18, 2025 at 12:55 PM
"We are also alarmed by reports indicating that internal USAID memos requesting urgent approval to move the biscuits went unanswered for months," the lawmakers said. "If accurate, this speaks to a systemic breakdown in communication and leadership that has paralyzed America's food aid delivery systems."
"The United States has long led the world in humanitarian assistance, not only as a matter of compassion but also as a cornerstone of global stability and diplomacy," the letter concludes. "Destroying aid that could save lives undermines that legacy and damages our standing in the international community. We urge you to immediately prioritize the distribution of all remaining and viable food assistance stockpiles. American leadership demands nothing less."
Rubio's decision comes a month after the secretary of state ordered the abolition of all overseas USAID positions amid the Trump administration's downsizing and elimination of the agency, one of many targeted by the so-called Department of Government Efficiency, formerly led by multibillionaire Elon Musk.
As Common Dreams reported in May, 66,000 tons of food—including grains, high-energy biscuits, and vegetable oil—were already mouldering in USAID warehouses.
U.S. State Department spokesperson Tammy Bruce attempted to justify Rubio's decision during a Thursday press conference.
"If something is expired, we will destroy it. It's a matter of whether or not it's safe to distribute," she said, adding that 500 metric tons amounts to "less than 1%" of all annual U.S. food aid.
"We, as an example, distribute roughly 1 million metric tons of food aid every year, which is reflective of the American people's generosity," Bruce said.
While many observers expressed surprise over the impending destruction of so much food aid, some contended that it tracks with the Trump administration's wider attitudes toward poor people.
"Republicans don't care if American children starve," said podcast host Lana Quest, "so why would they care about famine in other countries?"Keep ReadingShow Less
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