House Democrats: New Crypto Market Structure Bill Eyed

House Democrats are preparing a new crypto market structure bill that expands SEC authority and revives rejected Clarity Act provisions from Rep. Maxine Waters' 2025 amendment, according to Eleanor Terrett. The proposal would give the SEC a larger role in supervising crypto markets while limiting the CFTC, incorporate Senate Democratic agreements from the September cloture vote, and add ethics rules targeting President Trump and federal officials. Republicans have labeled it a messaging bill as Democrats prepare to take control of Congress.