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Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

Reps. Patrick McHenry and Maxine Waters (Alex Wong/Getty Images)
Reps. Patrick McHenry and Maxine Waters (Alex Wong/Getty Images)