House Hearing Lays Bare Crypto Market Structure Bill's Complexity, Political Tripwires

Also, SEC takes step to update Chinese companies' regulatory obligations; Pulte disses Powell after FSOC meeting; Schwab hires new D.C. office head; Bowman confirmed

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The House Financial Services Committee started digging into the digital asset market structure bill, and one takeaway is that it has solid Republican support. Another is that the 236-page legislation, which aims to divide oversight between the SEC and CFTC, is complex – and attracting a lot of interest. Today’s…