Republicans

Andrew Cuomo

2026-10-08 05:14:16

Andrew Cuomo says crypto industry needs bipartisan backing to move legislation

Former New York Governor Andrew Cuomo said the crypto industry needs to balance its support between Democrats and Republicans if it wants federal crypto legislation to pass. According to Cuomo, the sector has leaned too heavily toward Republicans, a stance he said has alienated Democrats and could slow the legislative process. The comments point to the political dynamics surrounding crypto policy in Washington, where support from both parties may be necessary for a bill to advance. The report was cited by Techub News, with Cointelegraph named as the source.

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Policy and Re

2026-10-08 05:39:05

Andrew Cuomo says crypto industry needs bipartisan backing to move the CLARITY Act

Former New York Governor Andrew Cuomo said at Token2049 that the crypto industry’s heavy support for Republicans has alienated Democrats, even though federal crypto legislation in the United States will require support from both parties. He said the industry had previously made a major push behind Republicans to advance the CLARITY Act, but argued that a more balanced political approach is necessary because Democrats and Republicans are both needed to pass legislation. Cuomo pointed to spending in the 2026 election cycle, saying crypto-related political action committees have spent $54.3 million backing Republicans, compared with $26.2 million supporting Democrats. Another $23.2 million has gone toward opposing Democratic candidates. He also pushed back on the idea that Democrats are inherently anti-crypto, arguing that crypto technology aligns with Democratic values because it can expand access to financial services for people who have traditionally been excluded from financial products. Looking ahead, Cuomo said that if Democrats control Congress after the midterm elections, they could either try to weaken the Trump administration’s crypto policies or work with it to pass a full CLARITY Act. He also noted that Fairshake has said it will support 32 House candidates in the November midterms, including 19 Republicans and 13 Democrats.

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Andrew Cuomo

2026-10-08 05:20:01

Andrew Cuomo says crypto industry needs bipartisan support to advance the CLARITY Act

Former New York Governor Andrew Cuomo said the crypto industry has leaned heavily toward Republicans and, in doing so, has alienated Democratic support needed to move the CLARITY Act forward. Speaking during a Token2049 panel alongside OKX CEO Star Xu, Cuomo pointed to campaign spending data from the 2026 election cycle showing that crypto-focused political action committees spent $54.3 million backing Republicans, $26.2 million supporting Democrats, and another $23.2 million opposing Democrats. As of Thursday, prediction market Kalshi put the odds of Democrats winning both chambers of Congress at about 61%. Cuomo said a Democratic-controlled Congress could either roll back crypto policies from regulators or work with the Trump administration to push through a full CLARITY Act. He also said Democrats are not opposed to crypto technology itself and argued that the technology can expand access to financial services for people who have traditionally been excluded. Cuomo added that in July 2025, 78 House Democrats and 216 Republicans voted to pass the CLARITY Act.

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U.S. Senate

2026-09-30 23:31:59

U.S. Senate Republicans formally introduce crypto tax bill

Republicans in the U.S. Senate have formally introduced a cryptocurrency tax bill, according to Techub News. Based on the information available so far, the proposal is intended to provide clearer tax rules for cryptocurrency transactions. It may also include exemptions for stablecoins and adjustments to wash sale rules. The item was cited by Techub News and referenced the Kalshi account. No additional details on the bill text, timeline, or specific sponsors were provided in the source brief.

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NBC News

2026-09-25 11:41:36

NBC poll average shows Democrats leading Republicans by 9 points on congressional control

NBC News’ latest polling average shows Democrats holding a 52% to 43% advantage over Republicans in voter preference for control of Congress ahead of the 2026 midterm elections, a 9-point lead that marks the widest margin in the current cycle. According to NBC News, the two parties were roughly even in the first weeks after Donald Trump returned to the White House, but support among independent voters has since moved toward a Democratic-controlled Congress. At the same time, support for Trump and for his economic policies has declined. NBC News said the polling average is adjusted to reflect likely voters and is designed to measure whether voters prefer Democratic or Republican control of Congress, without accounting for specific districts or candidates. The outlet also said the average combines public polls that meet its methodology and transparency standards, using weighting to reduce the effect of volatility and outliers in individual surveys. Separately, NBC News said Trump’s approval rating has fallen to its lowest level of his second presidential term.

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U.S. midterms

2026-09-25 13:57:27

U.S. midterm vote on Nov. 3 will decide control of Congress

The 2026 U.S. midterm elections are scheduled for Nov. 3, with all 435 seats in the House of Representatives and 35 Senate seats up for election. Republicans currently control both chambers of Congress, though their edge in the House is described as narrow. According to the latest assessment from Cook Political Report, 21 House races are rated as toss-ups, while seven Senate contests fall into the same category. Those competitive seats could prove decisive in determining which party controls Congress after the vote. The campaign is unfolding around several major issues, including the economy, cost of living, the Iran war and oil prices. A recent CNN/SSRS poll found that only 27% of respondents approve of Trump’s handling of the economy, while Democratic candidates lead Republicans by 8 percentage points in the national congressional generic ballot. Separately, a September Reuters/Ipsos poll showed Trump’s overall approval rating at 32%, the lowest level of his political career. The poll said inflation and the ongoing Iran war were among the main reasons respondents were dissatisfied with his performance. If Democrats win enough seats to take the House or Senate, the partisan balance in Congress would shift and could affect the Trump administration’s legislative agenda and policy push.

370

Policy Regula

2026-09-15 18:31:03

Bipartisan talks appear to have ended as Sen. Lummis pushes for support on the Clarity Act

A Fox Business crypto reporter said in a post on X that Sen. Cynthia Lummis, described as the author of the Clarity Act, is lobbying ahead of a vote and urging Democrats to back the bill. According to the reporter, Republicans have made major concessions on ethics rules and other provisions in an effort to move the legislation forward. In a reference to the reporter’s previous post, the same update said bipartisan negotiations now appear to have ended abruptly. The report did not provide more detail on what specifically caused the talks to stop, but framed Lummis’s outreach as part of a final push to secure Democratic support for the measure.

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CLARITY Act

2026-09-15 15:03:24

U.S. Senate set for key procedural vote on CLARITY Act as Democrats float last-minute counterproposal

The U.S. Senate is scheduled to hold a key procedural vote on the CLARITY Act at 2:15 p.m. on Sept. 15, with the measure needing 60 votes to move into formal debate. According to Crypto in America, Republicans have already made 126 substantive changes to the bill in response to Democratic demands, covering ethics provisions, protections for software developers, and a stablecoin deposit "circuit breaker" mechanism, and have labeled that draft the "last, best and final" text. Even so, Democrats put forward a counterproposal on the eve of the vote, seeking tighter limits on large crypto holdings, stricter blockchain oversight provisions, and tougher rules around exchange conflicts of interest. Patrick Witt, executive director of the White House crypto council, said he felt "good" about the vote but added that the outcome would depend more on political maneuvering than on the policy itself. At the same time, eight banking trade groups, including the American Bankers Association, continue to oppose the bill, while the White House Council of Economic Advisers has released a new tool to challenge industry claims that stablecoins would drain bank deposits.

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