🚨NEW: Senate Banking Committee Democrats just dropped a scathing staff analysis of the latest GENIUS Act draft ahead of this evening’s cloture vote.

Staffers describe the latest GENIUS Act draft as a blueprint for ‘Trump crypto corruption’ and Big Tech dominance over digital currencies, urging additional changes to address unresolved issues.

The concerns they cite:

📌 No ban on Trump profiting from his own stablecoin

📌 Lets Elon Musk’s X create “X Money”

📌 Expands loopholes for Tether, aiding terrorists/criminals

📌 No real consumer protections or financial safeguards