Democratic lawmakers on the House Committee on Financial Services on 27 January 2022 outlined nine (9) provisions of the proposed America COMPETES Act of 2022 one of which has been criticized by the cryptocurrency community for potential privacy and due process concerns.
Committee Chairwoman Maxine Waters, D-Calif., says the America Creating Opportunities for Manufacturing Pre-Eminence in Technology and Economic Strength or COMPETES Act will "strengthen the competitiveness of the US economy and
