schumer

JD Vance stated in an interview with Fox News that Democrats and Senate leader Chuck Schumer are likely to end his entire political career for "leading the government shutdown." JD Vance called Schumer "more committed to the government shutdown than anyone else."Chuck Schumer faced a crushing defeat this week, with reports indicating that he will not run for the 2028 election.

ChainCatcher News, Senate Majority Leader Schumer: The U.S. should continue efforts to find an American buyer capable of acquiring TikTok. (Jin Shi)

ChainCatcher news, according to Fox reporter Eleanor Terrett, Senator Chuck Schumer sent a letter to his Senate colleagues mentioning the priorities for bipartisan legislation in the remaining months of Congress. Cryptocurrency legislation was not mentioned, but artificial intelligence was listed as a priority. This contrasts with his assertion during the Crypto4Harris town hall that cryptocurrency legislation would be an urgent priority.

ChainCatcher news, according to Decrypt, U.S. Senate Majority Leader and New York Democratic Senator Chuck Schumer spoke at the Crypto4Harris conference on Wednesday, promising to pass cryptocurrency legislation by the end of this year. During the live broadcast of the conference, Schumer stated that without action, "cryptocurrency risks flowing overseas to countries with no regulatory standards at all."The theme of the event was to "restart" the dialogue with Vice President Kamala Harris and the future Harris administration—emphasizing that the crypto space does not belong to any one party.

ChainCatcher news, Forbes reporter Eleanor Terrett stated on X that New York Senator Chuck Schumer revealed his goals regarding cryptocurrency regulation. He hopes to model it after AI regulation and aims to get some cryptocurrency bills passed in the Senate by the end of the year and become law.Chuck Schumer said: "My goal is to get some bills passed in the Senate and become law by the end of this year, and I believe we can achieve this goal. I think we should strike a balance between promoting innovation and providing common-sense guardrails for cryptocurrency. This is similar to our approach to another innovative technology, artificial intelligence. When it comes to artificial intelligence or cryptocurrency, we also need to provide some guardrails to ensure user safety, protect our national security, and ensure that this technology is not abused by criminal organizations or other malicious actors at the expense of the public good. Only Congress has the ability to provide this balanced regulation."