House Financial Services Committee Chair French Hill (R-AR) told reporters that the personal crypto dealings of President Trump and his family have made drafting legislation for the industry “more complicated.” The statement comes after several congressional Democrats criticized the Trump family's recent crypto moves last week.

Sen. Chuck Grassley (R-IA) said in a post on X that he met with CFTC chair nominee Brian Quintenz to discuss the agency’s whistleblower protection program and spot crypto markets, as well as the future of the CFTC. President Trump nominated Quintenz on February 11, though the Senate has yet to formally take up his nomination.

The Senate Banking Committee is scheduled to vote Thursday on Paul Atkins’ nomination to serve as SEC Chair. The Committee will also vote on the nominations of Jonathan Gould to be Comptroller of the Currency, Luke Pettit to be Assistant Secretary of the Treasury, and Marcus Molinaro to be Federal Transit Administrator.

Sen. Tommy Tuberville (R-AL) announced plans to reintroduce the Financial Freedom Act, which would allow Americans to invest their retirement in crypto. In a post on X, Tuberville criticized the Biden Administration for trying to control how Americans invest their money, while praising President Trump's status as "the Crypto President."

Some Democrats involved in crypto talks on Capitol Hill, including Sen. Kirsten Gillibrand (D-NY) and Rep. Jim Himes (D-CT), told reporters the stablecoin launch announcement from the Trump family’s World Liberty Financial is a detriment to their legislative efforts. Rep. Himes stated that he could not "think of anything quite so damaging to bipartisanship." Sen. Cynthia Lummis (R-WY) also noted that the launch could "make life harder" for lawmakers working to pass bipartisan legislation.

House Majority Whip Tom Emmer (R-MN) told Decrypt that he does not believe stablecoin issuers should have to comply with anti-money laundering rules in the Bank Secrecy Act. He argued that the BSA is focused on cash, while stablecoins are blockchain-driven, adding that "everything on the blockchain is open and transparent to people who understand how to follow code." Emmer also voiced concern around boxing foreign issuers out of the US stablecoin sector.

The House Financial Services Committee is scheduled to hold a markup on Wednesday to consider multiple digital asset-related bills, including the STABLE Act (H.R. 2392), the Financial Technology Protection Act (H.R. 2384), and the Anti-CBDC Surveillance State Act (H.R. 1919).

Reps. Gabe Amo (D-RI) and Young Kim (R-CA) introduced a resolution (H.Res. 248) emphasizing the importance of distributed ledger technology (DLT) to support democratic governance, human rights, internet freedom, and transparency. The resolution encourages the promotion of DLT to combat censorship, calls on government agencies to explore and support the development of DLT, and affirms the importance of US leadership.

House Financial Services Committee Ranking Member Maxine Waters (D-CA) is reportedly planning to oppose the STABLE Act when the panel holds a markup next week. Waters had pressed Chair French Hill (R-AR) to add language to the bill that would block President Trump and Elon Musk from issuing stablecoins, but she did not secure a commitment on the matter.