Trump, cryptocurrency
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Bankrate principal writer and analyst James Royal joins ABC News Live to discuss investment in crypto after President Donald Trump signed a historic cryptocurrency regulation bill Friday.
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
Trump says crypto regulation bills that failed to advance earlier now have the votes to move forward
Republicans who voted against the cryptocurrency regulation legislation said they objected to how the bills were structured.
"These bills are a gift-wrapped invitation for Trump to continue his full-scale crypto con," warned Rep. Maxine Waters.
Trump showed a draft letter to fire Fed Chair Powell during a GOP crypto discussion, raising questions on presidential authority.