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EXCLUSIVE: New Conservative Campaign Demands Senate Buck Big Banks In Crypto Spat

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#cryptocurrency#regulation#senate#banking#innovation#Save Our States#Donald Trump#Trent England#Tim Scott#Patrick Witt#Senate Banking Committee#House of Representatives
EXCLUSIVE: New Conservative Campaign Demands Senate Buck Big Banks In Crypto Spat
⚡ TL;DR · AI summary

A conservative group, Save Our States, is urging the Senate to pass the Trump-backed Digital Asset Market Clarity Act of 2025, arguing it would provide regulatory clarity for the cryptocurrency industry and counter opposition from major banks. The legislation, which passed the House in 2025, has stalled in the Senate amid concerns over delays benefiting foreign competitors and stifling innovation. The group's campaign includes an ad accusing big banks of undermining President Trump’s crypto agenda and a letter to Senate Banking Committee Chair Tim Scott emphasizing the need for swift action.

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Business EXCLUSIVE: New Conservative Campaign Demands Senate Buck Big Banks In Crypto Spat Photo by IAN MAULE/AFP via Getty Images Anthony Iafrate Associate Editor May 01, 2026 12:00 PM ET May 01, 2026 12:00 PM ET Anthony Iafrate Associate Editor Font Size: const observer = new MutationObserver((mutations) => { const adDivToHide = document.querySelector("#dailycaller_incontent_1"); if (adDivToHide && dc_noads_page) { adDivToHide.classList.add("hide-premium", "hide-free"); observer.disconnect(); console.log("Ad div found and hidden"); } }); observer.observe(document.body, { childList: true, subtree: true }); A conservative group is urging the Senate to pass legislation over objections from big banks which President Donald Trump’s White House says will help cryptocurrency flourish, the…

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