Trump Clarifies the New Bill's Name as the 'Save America Act'

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
On-chain data shows Trump confirmed the bill as the "Save America Act," not the "SAVE ACT," via Truth Social on March 18. He accused the media of spreading false names. The bill targets citizenship and voting, and is set for a Senate vote this week. Trump stated he will not sign other bills before this one, delaying the review of the "Clarity Act." On-chain analysis suggests political developments may impact crypto policy timelines.

BlockBeats news, on March 18, Trump posted on Truth Social: Stop spreading fake news—the official name of the bill is the SAVE AMERICA ACT, not the SAVE ACT. Nobody knows what the SAVE ACT even means!!!


It is reported that Trump is fully pushing for the passage of the Save America Act, aiming to pave the way for the midterm elections by regulating voting by citizens, among other measures. The U.S. Senate is expected to vote on it this week. Previously, Trump stated that he would not sign any other legislation until this bill is passed. As a result, the Cryptocurrency Market Structure Act (also known as the CLARITY Act) is unlikely to advance through the Senate Banking Committee before April.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.