At a special-order hour on the House Floor, Ranking Member Waters highlights Trump's crypto scam
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It has been over 100 days since President Trump was inaugurated. Since then, when asked whether it was his duty to uphold the Constitution—an oath he made when he was sworn into office—he responded Quote “I don’t know.” He has also questioned whether Americans are entitled to due process, a foundational civil protection, and his administration has endlessly flouted the rule of law.
As a matter of fact, the American Civil Liberties Union has called the Trump Administration’s actions, “one of the most abusive and aggressive assaults on human rights in US presidential history.”
In carrying out their pro-billionaire agenda, Republicans have also gutted programs and agencies that serve as critical lifelines to American families, many of which include their own constituents. The international leadership, from which Americans benefit greatly and built for decades, is now destabilized by Trump’s trade war against our allies. In just a few months, Trump has introduced chaos in the stock market and undermined confidence for consumers, investors and small businesses, many of which have cautioned that they will have to close due to Trump's untenable tariffs, which act as a tax on Americans and their businesses.
At the same time as families struggle, Trump has increased his wealth by billions since taking office, which is a slap in the face to American families struggling to put food on the table. Just last week, alarming new information came to light regarding foreign governments making business deals using Trump’s crypto. A $2 billion business deal using the Trump firm’s stablecoins with a fund backed by Abu Dhabi was announced at a conference in Dubai. This arrangement represents a significant contribution by a foreign government to President Trump’s private crypto businesses that will abundantly grow the Trump family’s wealth.
• While Trump and his billionaire insiders’ wealth catapults, Americans are bracing themselves for layoffs, shortages, and higher prices in a Trump engineered recession.
• While Trump and his family continue to land billions of dollars in deals and investments with American companies and foreign entities, Trump has asked Americans to withstand the QUOTE “pain” END QUOTE from his economic policies.
• While Republicans work hard to make room for $7 trillion in tax cuts for American oligarchs like Elon Musk and Jeff Bezos, Republicans are cutting $880 billion in funding for Medicaid and food stamps for Americans who rely on this help.
Is this how Donald Trump has improved the lives of American families – by damaging their retirement plans, jobs, and social safety nets?