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🇺🇸 The US Senate Agriculture Committee is expected to hold a XEM and vote (marketing) session next week, following in the footsteps of the Senate Banking Committee, to push forward the Crypto Market Structure Bill. 🔹 These two committees need to pass the same bill before it can be presented to the full Senate, as the CFTC falls under the jurisdiction of the Agriculture Committee and the SEC falls under the Banking Committee. 🔹 The target date for the session is January 15, 2026; however, the updated draft bill has not yet been published, so it is likely that the old draft will have to be used as the basis for discussion. 🔹 The major sticking point now stems from ethical and political concerns, with Democrats questioning the ties between President Trump's family and crypto businesses, including the Trump memecoin. 🔹 Representative Warren Davidson raised the possibility that President Trump's family would have to sever ties and sell all their Trump Token before the bill could be seriously put to a vote.

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