$100 Million Crypto PAC Cash Surge Looms for Senate Democrats

Senate Democrats are bracing for a potential $100 million influx of cash from cryptocurrency industry-backed political action committees (PACs), according to recent reports.

This comes after Senate Democrats blocked the crypto industry's preferred bill, which aimed to provide regulatory clarity and guidance on digital assets.

Sen. Elissa Slotkin, who spoke alongside Sen. Elizabeth Warren, is pointing blame at Republicans for the potential PAC cash onslaught.