The main democrat at the Chamber Financial Services Committee, the representative Maxine Waters, will block efforts to hold a joint hearing between its committee and the Agriculture Committee of the House of Representatives on Monday presented project project for draft discussion bill of the market structure.
According to the rules of the camera, all participants in a joint audience must accept proceeding. Waters will oppose the joint audience and prevent it from continuing as planned, a Democratic employee told Coindesk, pointing out the recent and growing commitment of the president of the United States, Donald Trump, with Crypt.
Financial services and agriculture committees announced that they would organize a joint audience on market structure issues last week, and announced the first text that addresses the problem, including the way in which the commission commission of stock exchange and values and future basic products would supervise the cryptography, early Monday.
“The Maxine Waters classification member has been incredibly vocal about Trump’s cryptographic crimes and has pushed Republicans to investigate these crimes,” said the employee. “Before tomorrow’s audience, the Waters classification member called President Hill a phone call and told him that this hearing would not approve unless the Republicans includes provisions in his legislation to prevent Trump from benefiting more from the cryptography of investors.”
Political first reported that the waters would oppose the joint audience.
In recent days, Trump announced that he would organize a dinner for the 220 parties with most Trump Memecoins. One of his children, Eric Trump, announced last week that the investment firm of Abu Dhabi MGX would use the USD1 Stablecoin of World Liberty Financial to close its investment in Crypto Exchange Binance. Freight Technologies, a logistics firm that quotes on the stock market, also said last week that he would buy $ 20 million in Trump coins with the explicit purpose of trying to influence commercial policy.
The Democratic employee told Coendesk that Waters and other Democrats in the Financial Services Committee would celebrate his own hearing investigating Trump’s different cryptographic ties, which would include World Liberty Financial.
A spokesman for the president of the Financial Services Committee, French Hill, said in a statement that, “since the last congress, we have had bipartisan productive discussions, bicamerales on the market structure legislation. We encourage the classification member to attend the tomorrow’s hearing to express their views and reconsider his decision to object.”
