Ranking member objects to joint digital-assets hearing, committee holds roundtable instead

Ranking Member Maxine Waters objected to convening a planned joint House hearing on digital assets, saying the session could not proceed under House rules without unanimous consent because of alleged conflicts of interest involving President Trump and his family’s crypto interests. Committee leaders then moved the meeting from a formal joint hearing to a roundtable and heard from witnesses about regulatory clarity for digital assets.

The objection came at the start of the meeting when the subcommittee chair attempted to convene the joint session. “This joint hearing requires unanimous consent, and I do not consent,” Waters said. She added later, “I object to this joint hearing because of the corruption of the president of The United States and his ownership of crypto and his oversight of all the agencies. I object.”

Why it matters: Members of the House committees said the session would have addressed gaps in the regulation of digital assets and aimed to create a framework that…