Topic

Trump bill fails; Bitcoin plunges

5m

A crypto bill backed by former President Donald Trump failed to advance in the U.S. Senate, prompting a sell-off that sent Bitcoin and related assets lower.

34%
The pro-crypto CLARITY Act failed to advance in the Senate after every single Democrat (and four Republicans) voted it down.

Reminder: crypto is a giant Ponzi scheme. Its only practical uses are for fraud, speculation, and crime.

Glad to see Congress wake up to reality.
September 16, 2026 at 8:45 PM
6%
Workers win! The Senate rejected the Clarity Act, a bill that would have exposed our pensions to volatile cryptocurrency and shielded crypto companies from regulation.

America’s unions will keep fighting to protect workers’ financial security for good ✊
Senate Votes to Block Crypto Bill in Major Blow to the Industry
The landmark legislation, known as the Clarity Act, stalled in the Senate as Democrats raised concerns about President Trump’s personal investments in crypto.
www.nytimes.com
September 16, 2026 at 5:59 PM

Reposted by Steve Peers

16%
Senate Votes to Block Crypto Bill in Major Blow to the Industry www.nytimes.com/2026/09/15/t...
Senate Votes to Block Crypto Bill in Major Blow to the Industry
The landmark legislation, known as the Clarity Act, stalled in the Senate as Democrats raised concerns about President Trump’s personal investments in crypto.
www.nytimes.com
September 16, 2026 at 10:55 AM

Reposted by Fabián Muniesa

8%
Senate Democrats block legislation to create a new regulatory framework for cryptocurrency, stalling an industry-backed effort to place new guardrails around digital assets after demanding more limits on President Trump’s investments.
Senate blocks crypto regulation bill in a major blow to the industry
The 49-50 vote on whether to move forward with the legislation was a pivotal election-year test for the $2.3 trillion cryptocurrency market.
nbcnews.to
September 16, 2026 at 6:00 AM
11%
Senate Votes to Block Crypto Bill in Major Blow to the Industry www.nytimes.com/2026/09/15/t...
Senate Votes to Block Crypto Bill in Major Blow to the Industry
The landmark legislation, known as the Clarity Act, stalled in the Senate as Democrats raised concerns about President Trump’s personal investments in crypto.
www.nytimes.com
September 15, 2026 at 10:07 PM