Odaily Planet Daily News: Frank Hill, chairman of the U.S. House Financial Services Committee, said that President Trump's activities in cryptocurrencies and memecoins have complicated the work of Congress to pass legislation that has been brewing for years. "This is absolutely true," said the Republican congressman, "The Trump family's involvement in the memecoin world has made this work more complicated because I think it distracts our party members (both Republicans and Democrats) from focusing on what we should be doing." Hill said: "We have worked hard for five years, especially in the House of Representatives, to win strong bipartisan support for stablecoins and market frameworks." "If you are worried about memecoins, whether they have no value, or what their purpose is in society, then you need to help me pass a stablecoin bill and a market framework bill that will clearly outline the rules for how digital assets can play a role in our economy." (Jinshi)