During a recent Senate hearing on cryptocurrency, Senator John Kennedy caused a stir by labeling witness Dr. Richard Painter a 'next-level whackjob' over a tweet regarding campaign contributions from the crypto industry. This tweet, which referenced a Democratic Senator, seemed irrelevant to the hearing's focus on legislation. Kennedy's comments were particularly peculiar since he himself has not received significant donations from the crypto sector. The hearing aimed to address pressing regulatory concerns, with various bills under consideration. However, Kennedy's focus on Painter's old tweet diverted attention from the critical discussions at hand. His remarks raised questions about bipartisan support for crypto, especially as some Democrats oppose the industry. While Senator Gillibrand, a pro-crypto Democrat, has been pivotal in advancing legislation, Kennedy's outburst may reflect the fragile nature of bipartisan cooperation. As crypto firms seek Democratic support, incidents like this could jeopardize future initiatives if voters turn against pro-crypto politicians. Read more AI-generated news on: https://app.chaingpt.org/news