House Financial Services Committee Ranking Member Maxine Waters (D-CA) requested analysis and recommendations from Treasury and the SEC on the Republican-proposed legislation that would establish a digital asset framework.
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House Financial Services Committee Chair Patrick McHenry (R-NC) and House Agriculture Committee Chair Glenn Thompson (R-PA) proposed legislation that would establish a digital asset framework and provide for related joint rulemaking from the CFTC and the SEC.
The Senate Committee on Agriculture, Nutrition and Forestry considered testimony on the upcoming reauthorization of the CFTC.
The House Agriculture Committee held a hearing to examine the CFTC's proposed Regulation Automated Trading. Testimony focused primarily on the source code provisions of the proposed regulation.
The Senate Agricultural Committee passed the Commodity End-User Relief Act, a bill that would reauthorize the CFTC through 2018 and amend certain provisions of the Dodd–Frank Act.