Maxine Waters Attacks Trump Again
In a move that underscores the ongoing political warfare in Washington, Rep. Maxine Waters (D-Calif.), the top Democrat on the powerful House Financial Services Committee, is actively working to shut down bipartisan efforts to regulate cryptocurrency markets—all because of President Donald Trump’s growing leadership in the digital asset space.
Waters Shuts Down Joint Congressional Crypto Hearing
According to Capitol Hill sources, Waters has refused to approve a scheduled joint hearing between the House Financial Services and Agriculture Committees, a critical step in advancing much-needed legislation on digital currencies, blockchain regulation, and crypto market infrastructure. Under House rules, joint hearings must have unanimous consent—Waters’ objection effectively blocks the process.
Instead of participating in bipartisan lawmaking, Democrats are pivoting to hold a partisan hearing focused solely on Trump, his meme coin ($TRUMP), and his family’s new blockchain venture, World Liberty Financial.
Trump Leads the Charge on Blockchain Innovation
While Democrats play politics, President Trump and his administration continue leading the way on crypto innovation. World Liberty Financial recently partnered with a prominent Emirati firm to conduct a $2 billion stablecoin transaction via Binance—a major step toward establishing American dominance in blockchain finance.
The President is also expected to headline a private dinner with investors tied to the $TRUMP token, which surged over 60% after the announcement. And next week, President Trump and his tech czar, David Sacks, will attend a $1.5 million-a-plate fundraiser with major crypto and artificial intelligence investors.
Waters Pushes to Ban Trump From Profiting
In a stunning admission of political bias, Waters reportedly told Financial Services Chairman French Hill (R-Ark.) that she would only approve the hearing if the legislation included a ban preventing Trump from financially benefiting from the crypto industry—a demand Hill rightfully refused.
This isn’t legislation; it’s a political hit job masquerading as oversight.
Democrat Roadblocks Could Hurt American Innovation
As Republicans push for common-sense regulation of the crypto and digital finance sector, Democrats are throwing up roadblocks. Over the weekend, several crypto-friendly Senate Democrats withdrew support from stablecoin legislation after Senate Majority Leader John Thune (R-S.D.) moved to advance the bill for a vote.
Sen. Ruben Gallego (D-Ariz.) took to social media to complain: “It seems they want us to suck it up and vote for this bill without our input,” signaling deep partisan resistance even within the Democratic Party.
The Bottom Line
While the Trump administration drives forward with pro-growth crypto policies, Democrats like Maxine Waters continue to place partisan politics over American prosperity. As blockchain technology, stablecoins, and digital assets reshape the global economy, conservative leadership remains the only force committed to responsible innovation, job creation, and economic freedom.
