President Trump Salvages Crypto Week Amid Republican Rebellion

Crypto Week was saved by a last-minute intervention by U.S. President Donald Trump after a crucial procedural vote failed due to a revolt by conservative Republicans. The highly anticipated Crypto Week, meant to position the U.S. as a global leader in digital asset innovation, was derailed when three key crypto bills were not advanced in the House.

The failure was due to opposition from a group of hardline Republicans who feared potential issues with central bank digital currencies. Following this setback, Trump convened a meeting with the dissenters and convinced them to support the bills, thus ensuring their re-vote. Despite this victory, Democrats continue to express opposition, raising concerns over Trump's connections to cryptocurrency and potential conflicts of interest.