AFL-CIO, SEIU, and Major US Unions Demand Senate Kill Crypto Market-Structure Bill!

A broad coalition of major US labor unions — including the AFL-CIO, SEIU, the American Federation of Teachers, the National Education Association, and AFSCME — has sent a formal letter urging senators to vote against a crypto market-structure bill heading for an initial committee vote Thursday. The unions warn the legislation would expose millions of workers' retirement accounts and public pension funds to crypto's volatility.

The opposition carries real political weight: these organizations collectively represent tens of millions of workers and have significant influence over Democratic senators on financial legislation. Their core argument is that the bill, framed by proponents as a "rules-of-the-road" framework for digital assets, would instead open the door to crypto exposure in pension portfolios without adequate safeguards for financial stability.

The timing is critical — a…