According to Golden Finance, the U.S. House of Representatives Financial Services Committee held a special hearing on digital assets on February 11. Republican lawmaker Tom Emmer said crypto technology transfers economic power from central institutions back to the people. Democratic lawmakers expressed concerns about Trump's Meme coin, and Sean Casten said it lacks real value. Regarding stablecoin regulation, committee chairman French Hill and Democratic leader Maxine Waters respectively proposed regulatory frameworks. Investment bank TD Cowen believes that the two parties’ proposals are expected to reach a consensus, but specific legislation is expected to be postponed until the end of the year.