PANews reported on March 31 that the Digital Assets Subcommittee of the House Financial Services Committee will hold a hearing titled "The Future of American Innovation and Digital Assets: Adjusting Securities Laws for the Digital Age" on April 9, which is the first public effort by the 119th Congress to establish a federal regulatory framework for the $2.7 trillion crypto industry. The House plans to release a revised version of market structure legislation in the coming weeks and will review the STABLE Act next week, which corresponds to the Senate's GENIUS Act. The Republican leadership is striving to send the stablecoin and market structure bill to President Trump for signature before the August recess.