Congresswoman Maxine Waters Fights “Corrupt” Crypto Bills Tied to Trump

House Rules Committee approved debate on four major crypto bills, setting up votes from July 15 to 18. Rep. Maxine Waters opposes the CLARITY and GENIUS Acts, citing risks to SEC oversight and national security. Waters links crypto legislation to Trump’s $620 million crypto ties, calling it a conflict of interest. A major political battle has erupted over the future of U.S. crypto regulation as Representative Maxine Waters, the lead Democrat on the House Financial Services Committee, has slammed a new slate of crypto bills. She warned the legislation would “handcuff the SEC” and “legalize crypto corruption at the highest level.” Her sharp criticism comes as the U.S. House of Representatives begins its “Crypto Week,” a period set for debate and votes on several landmark digital asset bills. The Bills at the Center of the Debate On July 14, the House Rules Committee voted 8–4 to approve a rule that moves four crypto bills forward to full House debate. This step marks the start of what Republicans are calling Crypto Week. The approved bills include: H.R. 3633 – Digital Asset Market Structure Clarity Act (CLARITY Act) S. 1582 – Guiding Uni… The post Congresswoman Maxine Waters Fights “Corrupt” Crypto Bills Tied to Trump appeared first on Coin Edition .

Source: Coin Edition