Capitol Crypto Clash: Democrats at Odds Amid Congress Meet
The U.S. House Committees on Financial Services and Agriculture are set to convene a joint hearing today, titled ’American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century.’ The session aims to address pivotal legislation for cryptocurrency regulation, focusing on stablecoins and market structure—measures originally slated for the administration’s first 100 days but now delayed.
Internal Democratic divisions threaten to disrupt the proceedings. Representative Maxine Waters, a prominent figure within the party, is preparing to raise objections over potential conflicts of interest tied to former President Donald Trump’s crypto engagements. The hearing’s outcome could signal broader political hurdles for U.S. crypto policy.
