One Senator Rejects Bipartisan Crypto Tax Amendment | Here's Why... ????

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The US Senate rejected a crypto-tax amendment to the $1 trillion infrastructure bill, put together in an eleventh-hour compromise between lawmakers battling over which crypto brokers should be subject to new tax-reporting rules. The compromise amendment, which needed unanimous approval to be adopted into the bipartisan bill, failed to pass by one vote late Monday. It was opposed by Sen. Richard Shelby of Alabama, who had tried to attach his own unrelated amendment for a $50 billion increase in military spending, only to see this refused.

Co-Host: Lisa Francoeur

#Crypto #InfrastructureBill #Senate
~Senate Rejects Bipartisan Crypto Tax Amendment | Here's Why... ????~
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