The U.S. Senate Committee on Banking, Housing and Urban Affairs issued a statement announcing the creation of a bicameral working group aimed at building congressional consensus around a regulatory framework for digital assets, framed as supporting U.S. leadership in the sector. The working group will draw members from the Senate Banking Committee, the House Financial Services Committee, and the Senate and House Agriculture Committees. The announcement was made at a press conference involving Senate Banking Committee Chairman Tim Scott alongside President Trump’s White House A.I. and Crypto Czar David Sacks, Senate Agriculture Committee Chairman John Boozman, House Financial Services Committee Chairman French Hill, and House Agriculture Committee Chairman G.T. Thompson.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-02-04
U.S. Senate Committee on Banking, Housing and Urban Affairs announces bicameral working group to develop a digital asset regulatory framework
The U.S. Senate Committee on Banking, Housing and Urban Affairs announced the formation of a bicameral working group to develop a regulatory framework for digital assets, aiming to bolster U.S. leadership in the sector. The group will include members from the Senate Banking, House Financial Services, and Senate and House Agriculture Committees. The announcement was made at a press conference with key congressional and White House figures.