House Democrats to walk out of crypto hearing over Trump ties
May 05, 2025, 7:44 PM
House Democrats, led by Rep. Maxine Waters, are reportedly planning to walk out of Tuesday’s congressional hearing on crypto legislation, citing concerns over President Trump’s involvement in digital assets. A Democratic source confirmed plans for a counter-hearing. House Financial Services Committee Chair French Hill urged Democrats to participate, highlighting ongoing bipartisan discussions. The hearing will review a draft bill on crypto regulation, while recent stablecoin legislation has also faced Democratic criticism, The Block reported.
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