U.S. Senate Majority Leader and New York Democrat Senator Chuck Schumer spoke at the Crypto4Harris event, pledging to pass cryptocurrency legislation by the end of the year. Schumer emphasized that without action, there is a risk that cryptocurrencies could be illegally channeled overseas into unregulated or low-standard countries. The event aims to 'reboot' the conversation with Vice President Kamala Harris and emphasizes that the crypto space does not belong to any specific political camp.