House Democrats block GOP crypto hearing

Maxine Waters
House Financial Services Committee ranking member Maxine Waters, D-Calif., at the Department of Housing and Urban Development headquarters in March. Waters led a walkout of committee Democrats from a planned joint hearing on a crypto market structure bill Tuesday.

Bloomberg News

 

WASHINGTON — House Democrats, led by House Financial Services Committee ranking member Maxine Waters, D-Calif., walked out of a planned joint hearing on cryptocurrency Tuesday, blocking the hearing from taking place. 

Joint committee hearings require unanimous consent, meaning Waters’ walkout effectively blocked the hearing from taking place. The House Financial Services Committee and House Agriculture panel instead held a roundtable while Waters and…

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