"Democrats cave" turns out to have been a false alarm

Calls went out on social media to phone and write Senators insisting they vote "no" on the crypto bill after it was reported they were about to rubber stamp it.

Josh Hawley?  I'm shocked.

What, Politico?  You don't have space to name the third Republican?

Actually, they haven't voted "no" on the bill.  Only on whether the bill could come to a vote.

The vote is a major loss for Senate Majority Leader John Thune and other pro-crypto Republicans.

[...]

Thune voted against the bill and entered a motion to reconsider, which will allow him to bring it back up on the floor.

  Politico

So Thune was the third no. Maybe that's the same reason Josh Hawley voted no. Pretty sure Rand Paul just didn't like it for some reason.

“We need time,” said Sen. Ruben Gallego (D-Ariz.), who voted for a previous version of the bill in committee and helped lead negotiations for Democrats this week. “We’re not shutting down. We don’t want to shut this down to the point where we are ending all this work we have put into it. We want to bring this economy and this economy and this innovation to the United States.”

Yeah, last I saw, Gallego was voting yes and touting the bill as a great compromise.

Pro-crypto Democrats said they are still committed to striking a deal that could advance.

“While we’ve made meaningful progress on the GENIUS Act, the work is not yet complete, and I simply cannot in good conscience ask my colleagues to vote for this legislation when the text isn’t yet finished,” Sen. Mark Warner (D-Va.), a key Democratic holdout who was helping lead negotiations this week, said in a statement. “I remain fully committed to getting this right. I plan to continue working with my colleagues to strengthen this legislation and move it forward in a way that promotes innovation while protecting the interests of the American people.”

Yeah, well, tighten it up so that Trump can't line his pockets with it.

BTW, it's called the GENIUS act.  Genius.