The lawmaker’s letter focused on AI regulation but missed cryptocurrencies.
Kamala Harris, the Democratic candidate for the 2024 U.S. presidential election, has deprioritized crypto regulation, leading to Donald Trump’s surge on Polymarket, where he now leads with 52%, compared to Harris’ 47%.
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As noted by Fox Business journalist Eleanor Terrett on X (formerly Twitter), Senate Majority Leader Chuck Schumer sent a letter to his colleagues detailing the legislative focus for the final months of Congress. While artificial intelligence was included, regulating the digital asset sector was noticeably absent, leading to Trump’s lead on Polymarket.
Regulating the digital asset sector was not included, though artificial intelligence (AI) was highlighted. Schumer emphasized that in the remaining month of Congress, the focus will shift to key areas such as healthcare funding, infrastructure, and border security. Schumer stated:
