Senate Democrats are moving to officially condemn President Trump's pardon of Changpeng Zhao, better known as CZ, the founder of crypto exchange Binance, Axios has learned.

Why it matters: Some Senate Republicans have already criticized the pardon, with Democrats eyeing rare bipartisan pushback against the White House. • Trump's pardon of CZ, who was facing four months in prison related to money laundering, likely provides a path for Binance to operate in the U.S. after more than a year of lobbying from the president. • Democrats argue the pardon is blatant "corruption," urging Congress to take steps to avoid similar acts in the future. • The resolution was led by Sens. Elizabeth Warren (D-Mass.) and Adam Schiff (D-Calif.), two longtime Trump foes.

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