Cryptocurrency clash complicates infrastructure bill’s path forward
| A debate over competing amendments to regulate cryptocurrency is creating a new hurdle for the Senate to complete work on a $1.2 trillion bipartisan infrastructure bill.
An amendment offered by two Republicans and the Democratic chairman of the Senate Finance Committee has stirred controversy and provoked opposition from the White House. The amendment, which would carve out exemptions from the cryptocurrency reporting requirements outlined in the infrastructure bill, is sponsored by Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Sens. Cynthia Lummis (R-Wyo.) and Pat Toomey (R-Pa.). |
