Democratic Lawmaker Criticizes President Trump's Pardon of Binance Co-founder CZ

On the 23rd, Democratic Representative Maxine Waters, a ranking member of the U.S. House Financial Services Committee, released an official statement criticizing President Trump for granting a pardon to Changpeng Zhao (CZ), the co-founder of the cryptocurrency exchange Binance. While describing the pardon as 'terrifying', she noted that it was emblematic of Trump's presidency, expressing no surprise at the action. Representative Waters criticized Trump's tenure as prioritizing criminals over the interests of working-class American families, characterized by misconduct and self-interest.