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Fortune
Fortune
Ben Weiss

Biden takes swipe at ‘wealthy tax cheats and crypto traders’ on final day of G7 summit

Biden speaks during a news conference following the final day of the G7 summit. (Credit: Kiyoshi Ota—Pool/Getty Images)

During a news conference at the end of the G7 summit in Hiroshima, Japan, President Joe Biden spoke at length about his and fellow Democrats’ refusal to agree to a number of Republican demands amid ongoing negotiations over raising the nation’s debt ceiling. He also mentioned crypto.

“I’m not going to agree to a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk for nearly a hundred, well, I should mean, 1 million Americans,” Biden said Sunday at the annual gathering of some of the world's largest economies.

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