According to Foresight News, Punchbowl News reported that yesterday, Patrick McHenry, Chairman of the U.S. House Financial Services Committee and Republican Congressman from North Carolina, and Maxine Waters, Democratic Congressman from California, held a meeting with Senate Majority Leader Chuck Schumer on strategic issues regarding the stablecoin bill.
Foresight News previously reported that members of the U.S. House of Representatives failed to reach a bipartisan agreement on stablecoin legislation in July last year.