The Intercept·3 min read·medium

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

M
Matt Sledge
Crypto Darling Gillibrand’s 11th-Hour Flip-Flop Helps Block Trump Crypto Bill - The Intercept
AI Summary

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.

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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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