May 01, 2025

Warren Statement on Trump Stablecoin Corruption

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement on breaking news about President Trump's stablecoin corruption:

“A shady fund backed by a foreign government just announced it will make a $2 billion deal using Donald Trump’s stablecoins. Meanwhile, the Senate is gearing up to pass the “GENIUS” Act - stablecoin legislation that will make it easier for the President and his family to line their own pockets. This is corruption and no senator should support it.” 

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