Democratic member of the House Financial Services Committee Maxine Waters is trying to obstruct the joint hearing on the cryptocurrency market structure bill scheduled for May 6, and is also preparing to hold a 'shadow hearing' specifically targeting the Trump family and the cryptocurrency industry.

This situation stems from a cryptocurrency regulatory framework draft promoted by Republicans, and Waters wants the bill to include provisions specifically addressing the Trump family's cryptocurrency business, or else she will create disruptions. Republicans argue that legislation should be neutral, while Democrats keep bringing up the Trump family, aiming to slow down friendly legislation for the cryptocurrency industry. It seems that on the issue of cryptocurrency, the two parties have clashed, and it remains to be seen what new developments will arise in the future.