Trump at Center of Crypto Regulatory Controversy as CLARITY Act Debate Intensifies

The U.S. House Financial Services Committee hearing on June 4th witnessed heated debate over the future of digital asset regulation, with former President Trump becoming embroiled in the controversy. Representative Maxine Waters took aim at the bill, citing concerns about its potential to create loopholes for securities firms. 💰 She also raised accusations that the CLARITY Act could benefit Trump’s crypto ventures due to his ties to the industry.