In brief
- House Democrats prevented a crypto-focused hearing from proceeding Tuesday in protest of President Trump’s crypto ventures.
- Rep. Maxine Waters, who led the walk out, said its purpose was to add language to crypto bills preventing the president from profiting from the sector while in office.
- The dramatic standoff highlights how escalating tensions are threatening fragile bipartisan support for pending crypto legislation.
House Democrats staged a walkout of a digital assets-focused hearing on Tuesday, with party leadership threatening that President Donald Trump’s personal crypto ventures could derail bipartisan support of pending crypto legislation.
House Financial Services Committee ranking member Maxine Waters (D-CA) led…
May 06 2025
