House Dems Get Bonus Hearing on Crypto Market Structure, Assail Trump Conflicts
Description
Democrats on the House Financial Services Committee held an additional “minority day” hearing to scrutinize the Digital Asset Market Clarity Act on June 6, 2025 and raise concerns over President Trump’s alleged financial conflicts related to crypto ventures. While Democrats criticized potential loopholes in the bill and Trump's memecoin activities, Republicans defended the legislation as necessary to fill a regulatory gap for non-security digital assets.
Publish date
June 6, 2025