Apr 2, 2025 8:21 PM
During a House hearing today on stablecoin regulation and CBDCs, Rep. Maxine Waters criticized Trump for leveraging his position to profit from crypto ventures, including WLFI's new stablecoin, USD1. She warned that Trump could push for government payments, such as Social Security and taxes, to be made using his own stablecoin, calling it a conflict of interest. Source: Cointelegraph
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