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A Combative, Contentious Hearing Moves Stablecoin Legislation Forward

The Breakdown

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The Procedural Crap of the Committee Meeting

McHenry scheduling this vote instead of moving forward with committee procedure is saying to Democrats, "'This is happening. I have the votes. You had your chance and I delayed many times for you' But it's the end of the line with negotiations and it's your fault,'" one analyst said. Waters is equally as important because if she reaches a deal in the White House, she will bring her members along with her - probably 48 to 2 or something close to that.

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