Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'
Summary
Representative Maxine Waters led Democratic lawmakers out of a joint hearing on digital assets, citing concerns over Donald Trump's alleged corruption and involvement with cryptocurrencies. During the May 6 hearing, Waters addressed Republican leadership, intending to block proceedings due to Trump's "ownership of crypto" and oversight issues. Despite this, Republican lawmakers, led by digital asset subcommittee chair Bryan Steil, continued the event as a "roundtable." HFSC Chair French Hill called for a "lasting framework" on digital assets but did not address Waters' concerns, accusing her of making the issue partisan. The situation is ongoing, with updates expected.
