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'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a "grand bargain" to finish a stablecoin bill this year.

By Jesse Hamilton|Edited by Aoyon Ashraf, Benjamin Schiller

Updated Sep 25, 2024, 5:51 p.m. Published Sep 24, 2024, 3:51 p.m.

U.S. Securities and Exchange Commission Chair Gary Gensler took vigorous Republican criticism on his agency's crypto record at a hearing. (screen capture, House Financial Services Committee)