'U.S. Democratic Representative' Maxine Waters to Continue as Chair of the Financial Services Committee
JH Kim
Summary
- It was reported that Maxine Waters will continue as the Chair of the House Financial Services Committee.
- The Financial Services Committee is responsible for laws affecting the virtual asset industry.
- Waters has previously introduced a stablecoin regulatory framework bill.
According to Cointelegraph, a media outlet specializing in virtual assets (cryptocurrency), U.S. Democratic Representative Maxine Waters will continue as the Chair of the House Financial Services Committee.
The House Financial Services Committee is responsible for laws and policies affecting the financial services sector, including the virtual asset industry.
Previously, Maxine Waters introduced a stablecoin regulatory framework bill with Republican House Financial Services Committee Chair Patrick McHenry. Patrick McHenry is set to step down from the chair position after January 3.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
