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Waters Shuts Down Crypto Hearing Over Trump Ties—Political Theater or Legit Conflict?

Waters Shuts Down Crypto Hearing Over Trump Ties—Political Theater or Legit Conflict?

Blockworks
Author:
Blockworks
Release Time:
2025-05-06 19:30:10
0

Rep. Waters blocks joint House crypto hearing, cites Trump conflict of interest

House Finance Chair Maxine Waters blocks bipartisan crypto regulation talks, citing Trump’s rumored digital asset holdings as a ’clear conflict.’ Critics call it a stall tactic—after all, since when did conflicts of interest stop D.C. from cashing in?

The move freezes progress on stablecoin oversight, leaving the industry in limbo. Meanwhile, Bitcoin shrugs—politics as usual won’t stop the bull run.

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