Crypto Darling Gillibrand’s 11th-Hour Flip-Flop Helps Block Trump Crypto Bill - The Intercept

Senator Kirsten Gillibrand faced criticism after switching her position to help block a crypto-regulatory bill she had previously lobbied for. The move highlights the political pressure moderate Democrats face regarding President Trump's involvement in the cryptocurrency industry.
Why it matters
The flip-flop illustrates the growing partisan divide over crypto policy and the influence of political optics on legislative outcomes.
Just hours before switching sides, Sen. Kirsten Gillibrand was lobbying fellow Democrats to advance the bill.
Share Copy link Share on Facebook Share on Bluesky Share on X Share on LinkedIn Share on WhatsApp Sen. Kirsten Gillibrand, D-N.Y., during the D.C. Blockchain Summit in Washington on March 18, 2026. via Getty Images Hours before joining progressives to block a crypto bill that critics said was a handout to President Donald Trump, a top Senate Democrat was lobbying her colleagues to pass the legislation.
Sen. Kirsten Gillibrand, D-N.Y., a centrist who leads the Democratic Senatorial Campaign Committee, privately urged fellow Democrats to support advancing a crypto bill that would have created a regulatory framework for the industry, according to reporting in Politico .
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