A leaked email shows Democratic Party leaders “strongly oppose” two Republican-led crypto bills, but will not force House members to vote no on them.
United States House of Representatives Democrats will not be forced to vote against two pro-crypto bills expected to come up for a floor vote this week — though they are strongly being urged to do so.
A May 20 email from Democrat Party leaders to House members shared by POLITICO shows the party did not urge members to vote no on the Republican-led Financial Innovation and Technology for the 21st Century (FIT21) Act and the CBDC Anti-Surveillance State Act — H.R. 4763 and H.R. 5403 respectively.
Both bills have been perceived as positive for the crypto industry if passed.
