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The Nexus
POLITICSMay 13 · 16:04 UTCSEMAFORBurgess Everett

Key Republican senator removes roadblock to crypto bill

Republican Senator John Kennedy has agreed to support a major cryptocurrency bill in the Senate Banking Committee after striking a deal with Chair Tim Scott that includes two of his amendments on fiduciary duty and housing legislation. Kennedy's support removes a potential roadblock to the bipartisan crypto bill, which could advance to the Senate floor and potentially reach President Trump's desk. The bill still requires House approval and faces ongoing negotiations over ethics provisions.

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