Maxine Waters

Rep. Maxine Waters (D-Calif.) sought further information on Thursday on the decision to grant cryptocurrency exchange Kraken access to Federal Reserve services. Waters Says Approval Lacks Transparency Waters, the leading Democrat on the House Committee on Financial Services, penned a letter to Jeff...

Rep. Maxine Waters (D-Calif.) is accusing President Donald Trump of defying a federal court order to deliver full November Supplemental Nutrition Assistance Program benefits, igniting a fresh wave of political outrage over food aid for low-income families. Waters Accuses Trump Of Ignoring Court...

Rep. Maxine Waters (D-Calif.), a key Democrat and ranking member of the House Financial Services Committee, reportedly plans to walk out of a joint hearing on cryptocurrency policy scheduled for Tuesday. What Happened: Waters intends to walk out with at least several Financial Services Democrats...

The cryptocurrency market experienced a turbulent day of trading on Monday, triggered by President Donald Trump‘s inauguration. High expectations for a crypto-friendly presidency were dashed when Trump’s inaugural address did not include any mention of digital currencies. As a result,...

Rep. Maxine Waters (D-Calif.) has proposed a deal to Rep. Patrick McHenry (R-N.C.), the Republican chair of the committee that could potentially advance long-stalled stablecoin legislation in the U.S. before the end of 2024. What Happened: Axios reported on Monday, citing a Hill staffer, that the...

U.S. Congresswoman Maxine Waters (D-Calif.), Chairwoman of the House Financial Services Committee, has been one of the most vocal critics of the crypto industry over the past few years. In 2022, Waters was actively pushing for a subpoena for FTX founder Sam Bankman-Fried (SBF) to testify before...

Rep. Maxine Waters (D-Calif.), a key Democrat and influential voice in the House Financial Services Committee, has been a vocal critic of the crypto sector over the past two years. What Happened: In an interview with Punchbowl News, Waters now acknowledged a shift in her perspective on the industry...

Rep. Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, is pushing for a “grand bargain” on stablecoin legislation before the end of the year, aiming to resolve two years of debates in Washington over the regulatory framework for stablecoins. What Happened...

House Financial Services Committee Ranking Member Maxine Waters (D-Calif.) and House Agriculture Committee Ranking Member David Scott (D-Ga.) have expressed their strong opposition to a bill creating a definition for whether a digital asset is a security or a commodity. What Happened: Quoting an...

Former Speaker of the House Paul Ryan emphasized the importance of stablecoin regulation, advocating for it as a crucial step for the U.S. financial system. What Happened: Ryan believes that passing stablecoin legislation this year could significantly bolster demand for U.S. Treasury securities and...

The head of the Federal Deposit Insurance Corporation (FDIC) is set to address Congress next week amid allegations of sexism, abuse, and racism within the workplace. What Happened: Martin Gruenberg, who has been at the helm of the FDIC since January 2023, first joined the FDIC board in 2005 and...

Efforts to push through U.S. stablecoin legislation by attaching it to an unrelated Federal Aviation Administration reauthorization bill have been halted by legislative leaders. What Happened: The decision to seek a clean bill means the discussion between House Financial Services Committee Chair...

For those waiting on clarity surrounding stablecoins in the U.S., Representative Maxine Waters (D-CA), a key figure in the House Financial Services Committee, has indicated that a stablecoin bill could be finalized soon. What Happened: “We are on our way to getting a stablecoin bill in the...

This week has been a whirlwind for the cryptocurrency market. With legislators nearing a decision on a highly anticipated stablecoin bill, Elon Musk fueling Dogecoin speculation, GameStop Coin taking a second breath, signals of a Shiba Inu rally, and a major surge in the value of Bitcoin, Ethereum...

Rep. Maxine Waters (D-Calif.) said in an interview on Wednesday that a deal on the stablecoin bill is nearly complete. What Happened: Waters, speaking with Politico on Feb. 7, said, “We're working on stablecoin; we're getting very close. We're very, very close — very close.” Lawmakers...