Cuomo Warns Crypto Industry’s GOP Support Risks Alienating Democrats

Cuomo's warning reframes crypto's lobbying strategy as a coalition problem rather than a spending problem: the industry's bet on one party may be buying access while costing the bipartisan votes any durable market-structure bill needs. That matters most for the firms and trade groups that have concentrated their political capital on the GOP, and for Democrats who now have less incentive to engage. Whether the industry recalibrates its approach, and whether CLARITY's prospects shift as a result, is the open question.