The
congressional
panel,
which
has
oversight
over
U.S.
securities
and
most
financial
products,
will
set
a
September
hearing
calendar
jammed
with
crypto-relevant
topics,
the
person
said.
The
committee
chairman,
Rep.
Patrick
McHenry
(R-N.C.),
is
retiring
at
the
end
of
the
year
and
has
said
one
of
his
top
remaining
priorities
is
finishing
one
of
the
bills
to
begin
establishing
tailored
federal
rules
for
crypto.
The
first
of
the
hearings
on
Sept.
10
will
be
a
long-awaited
subcommittee
examination
of
DeFi,
an
aspect
of
the
crypto
industry
that’s
received
mostly
negative
attention
from
regulators
to
date.
A
number
of
proposed
rules
at
various
federal
agencies
could
have
existential
consequences
for
DeFi
projects,
including
at
the
SEC
and
Internal
Revenue
Service.
