French Hill, chairperson of the US House of Representatives financial services committee, on Monday took a rare swipe at the cryptocurrency business activities of President Donald Trump and his family, saying they "complicate" efforts to write laws for the nascent digital asset industry. Hill singled out Trump's meme and stablecoin projects as having a negative impact on lawmakers' work. Hill: "These projects make our work more complex." Hill said on Monday that the House Financial Services Committee would consider a draft stablecoin bill on Wednesday and would soon discuss a new version of the market structure bill. On the Senate side, the GENIUS bill, which received bipartisan support by a vote of 18-6, has been sent to the full chamber for a vote. But Trump's business activities have provided Democrats with a reason to oppose it. Last week, Elizabeth Warren, the senator, attacked the Trump-backed USD1 stablecoin as a "scam" and tried to tie the project to the legislative process. She said "Congress should amend the stablecoin bill under consideration to prevent the likes of Trump and Musk from controlling people's money."