On June 4 and 5, 2025, the U.S. House of Representatives held a series of hearings on digital assets regulation, artificial intelligence, energy policy, and federal funding for non-governmental organizations (NGOs). The House Financial Services and Agriculture Committees conducted hearings on the CLARITY Act, a market structure bill designed to provide regulatory clarity for digital assets and blockchain technology. Witnesses included Aptos Labs CEO Avery Ching, Etherealize.io co-founder VivekVentures, and Uniswap's MinarikLaw. The markup for the CLARITY Act is scheduled for June 10, 2025. Crypto policy groups such as the Digital Chamber and Solana Institute urged Congress to include the bipartisan Blockchain Regulatory Certainty Act (BRCA) to protect developers of non-custodial software protocols. The House Energy and Commerce Committee advanced the Electric Supply Chain Act and the REFINER Act, both introduced by Rep. Bob Latta, to address the energy requirements of artificial intelligence and strengthen U.S. energy infrastructure. Hearings also examined the role of artificial intelligence in government and communications infrastructure, with lawmakers noting AI's potential to improve efficiency, prevent fraud, and modernize operations, while addressing challenges such as job displacement and increased energy demand. The House DOGE Subcommittee, chaired by Rep. Marjorie Taylor Greene, held a hearing titled 'Public Funds, Private Agendas: NGOs Gone Wild,' focusing on allegations that the Biden administration funneled hundreds of billions of taxpayer dollars to NGOs to support immigration and climate initiatives. Witnesses included Scott Walter, Mark Krikorian, Daniel Turner, and Diane Yentel. Republicans cited an EPA $2 billion grant to the Power Forward Coalition, autopen-signed orders, and UN agencies paid to facilitate migration. Democrats defended the NGOs' roles in providing essential services and referenced the Federal Plan for Equitable Long-Term Recovery and Resilience.
JUST IN: CRYPTO ADVOCACY GROUPS URGE LAWMAKERS TO INCLUDE A BILL TO PROTECT SOFTWARE DEVELOPERS IN THE MARKET STRUCTURE LEGISLATION. Source: @cointelegraph https://t.co/Rfl6YgC2QM https://t.co/ZpMpBQk3yE
LATEST: 🇺🇸 Crypto advocacy groups urge lawmakers to include a bill to protect software developers in the market structure legislation. https://t.co/mCpAG2kq9x
🇺🇸 REP. NANCY MACE: AI IS ABOUT TO CUT GOVERNMENT FAT She kicked off a congressional hearing by hyping AI as the answer to bloated bureaucracy and federal slackers still pretending Bidenomics is genius: "AI is already reshaping everything from healthcare and national defence to https://t.co/Upi2gC1vDB https://t.co/eJqGF6G6Kl