Snowmageddon Halts Crypto Bill: Senate in Chaos, Trump Blames Democrats

Oh, the irony! A snowstorm, a mere whisper of winter’s breath, has brought the Senate to its knees, leaving the crypto bill adrift in a sea of uncertainty. And Trump? He’s already blaming the Democrats. How quaint.

The august halls of the US Senate, usually buzzing with the hum of democracy, have fallen silent-not due to profound reflection, but because of a snowstorm. Yes, a snowstorm. Nature, it seems, has a sense of humor, and the crypto market bill is its latest punchline.

The cancellation of Monday’s sessions has thrown the legislative calendar into disarray, leaving lawmakers scrambling like children in a snowball fight. The markup, already a fragile creature, now hangs in the balance, its fate as uncertain as a snowflake in a blizzard.

Senate Succumbs to Snowmageddon: Democracy Takes a Snow Day

The Senate, that bastion of resilience, has been felled by a few inches of snow. Travel disrupted? Operations halted? One might think they’ve never heard of boots or shovels. Eleanor Terrett, ever the optimist, suggests voting might resume on Tuesday. But then again, she also believes in the crypto bill’s timely passage. Bless her heart.

A committee spokesperson, when asked about the markup, offered nothing. Absolutely nothing. It’s as if the snowstorm stole their words along with their resolve. Lawmakers, who had hoped for progress, are now left staring at their boots, wondering if the snow will ever melt.

🚨NEW: The Senate has canceled Monday votes ahead of snowmageddon. Members will now likely trickle in ahead of Tuesday’s late afternoon votes, leaving the fate of the Committee’s crypto market structure markup unclear.

I asked a committee spokesperson whether the…

– Eleanor Terrett (@EleanorTerrett)

Crypto Bill: Delayed, Denied, and Now Snowed Under

The crypto market bill, already a victim of bipartisan bickering, now faces its greatest foe yet: the weather. Earlier delays were bad enough, but this? This is poetic injustice. Senator John Boozman, ever the realist, warned of further disruptions. Little did he know, the disruption would come in the form of snowflakes.

Amendments were added, drafts were shared, and yet, here we are. The bill, like a lost traveler in a storm, is searching for shelter. And with the shutdown deadline looming, that shelter seems farther than ever.

Shutdown Looms: Because One Crisis Isn’t Enough

As if the snowstorm weren’t enough, the specter of a government shutdown haunts the halls of Congress. Lawmakers, already frazzled, now have less than a week to avert disaster. Trump, ever the soothsayer, predicts another Democrat-led shutdown. “We’ll see what happens,” he says, as if the chaos weren’t already palpable.

The SEC, never one to miss a party, has paused its review of crypto ETF applications. Because why not add another layer of delay? Senator Kirsten Gillibrand, however, remains optimistic. “Progress is still expected,” she says, her voice a beacon in the blizzard. One can only hope she’s right.

Related Reading: U.S. Crypto Market Structure Bill Faces Weeks-Long Delay

Bipartisan Talks: A Warm Fire in the Cold Storm

Amid the chaos, bipartisan talks continue within the Senate Banking Committee. Chairman Tim Scott assures us that everyone remains “at the table working in good faith.” A noble sentiment, though one wonders if the table is buried under snow.

The bill’s progress, once a matter of legislative timing, now hinges on the whims of the weather. Will the snow melt in time? Will the Senate find its footing? Only time-and perhaps a few well-placed shovels-will tell.