The two most important members of the U.S. House of Representatives committee that oversees much of the financial system almost pulled off a miracle: Writing a bill to establish the first real federal regulations over crypto in the U.S. Alas, House Financial Services Committee Chair Maxine Waters (D-Calif.), and the panel’s top Republican, Rep. Patrick McHenry of North Carolina, faced 11th-hour obstacles for their stablecoin legislation that proved too high to clear.
Source: https://www.coindesk.com/consensus-magazine/2022/12/05/maxine-waters-patrick-mchenry-most-influential-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines