#USHouseMarketStructureDraft
U.S. Crypto Hearing Disrupted by Political Clash
A planned congressional hearing on crypto policy was derailed Tuesday as tensions flared between different political parties. The joint session—meant to focus on building a framework for digital asset regulation—took a sharp turn when one group of lawmakers shifted focus to alleged conflicts of interest involving a former president.
What happened:
The hearing was originally set to move forward with a bill shaping the U.S. crypto market structure.
Some lawmakers, led by Rep. Maxine Waters, walked out, calling attention instead to what they described as corruption related to the former president's business dealings in crypto.
With this group absent, the meeting lost its official status and became an informal roundtable.
Waters stated her objection plainly: "I object to this joint hearing because of the issues surrounding the president's business connections." She argued that these points need to be addressed before formal regulatory talks can proceed.
Instead of participating in the scheduled session with the House Financial Services and Agriculture Committees, the group hosted a separate discussion focused on financial ties related to crypto and potential oversight conflicts.
