Odaily News The "Crypto Committee" established by Trump failed to exert the expected influence in the first key vote in Congress, leading to questions about the abilities of David Sacks, the White House crypto and AI czar, and Bo Hines, executive director of the Digital Asset Advisory Committee. The committee aims to promote cryptocurrency-related legislation, but failed to make a breakthrough in the recent vote on the bill on stablecoin regulation. Analysts pointed out that the committee's low-key operation and lack of clear policy direction make it difficult to gain sufficient support within Congress. In addition, crypto projects in which Trump himself and his family are involved, such as Trump Token and World Liberty Financial, have also raised concerns about ethics and conflicts of interest, further undermining the committee's credibility. Democratic lawmakers have expressed concern about these potential conflicts of interest, believing that this may affect the fairness of related legislation. At present, Trump's "Crypto Committee" faces the dual challenges of reshaping its image and enhancing its influence. (New York Post)