Chuck Schumer

Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.

Chuck Schumer, the Majority Leader of the United States Senate and a high-ranking member of the Democratic Party, will reportedly be attending a virtual town hall with crypto advocates in support of Kamala Harris’ presidential campaign.

According to an Aug. 14 Politico report, Senator Schumer will speak at the “Crypto4Harris” virtual event with other US lawmakers and entrepreneurs, including Dallas Mavericks minority owner Mark Cuban. One of the event organizers retweeted a report suggesting that the New York senator would attend and speak.

Since the self-described grassroots group launched on Aug. 6, it has added speakers to the event, including New York Senator Kirsten Gillibrand, North Carolina Representative Wiley Nickel, California Representative Adam Schiff and Democratic candidates across several states. Professionals with expertise in crypto, including Crypto Council for Innovation CEO Sheila Warren, DNA Legacy Blockchain Brokerage co-founder Adilah Holivay and SkyBridge Capital founder Anthony Scaramucci, will also attend.

Read more