But as a product of negotiations between Rep. Patrick McHenry (R-N.C.), the chair of the financial panel, and Rep. Glenn “GT” Thompson (R-Pa.), the chair of the agriculture committee, this bill doesn’t yet represent the needed input from their Democratic counterparts. It’s a “discussion draft” meant to start the conversation, according to a senior policy staff familiar with the legislation, who said the chairs are hoping Democrats come up with their own version and the sides can start finding common ground.
Source: https://www.coindesk.com/policy/2023/06/02/us-house-republicans-push-for-crypto-oversight-with-bill-to-make-sec-play-ball/?utm_medium=referral&utm_source=rss&utm_campaign=headlines