U.S. House Appropriations Committee Chairman Tom Cole has announced efforts to postpone a potential government shutdown until November, aiming to buy time for funding negotiations. The move comes […]
Warren Vows Resistance to Crypto Market Structure Change
As Congress enters recess, US Senator Elizabeth Warren is already outlining her plan to challenge the recently passed crypto market structure bill. While supporting regulation for the industry, […]
House Republicans Rewrite Trump’s Bill, Avoiding Senate Rule Violations
In a move to ensure the passage of Donald Trump’s tax and spending bill in the Senate, House Republicans swiftly rewrote it Wednesday afternoon. The changes, which resulted […]
US Senate Advances Stablecoin Regulation with GENIUS Act Vote
The U.S. Senate has taken a crucial step towards regulating stablecoins, advancing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) by a 68-30 vote. […]
Congress Bypasses Rules to Pass Bill, Raising Concerns About Transparency and Market Volatility
A recent development has raised eyebrows within the financial world: Congress bypassed established procedures during a bill’s passage, sparking discussions about transparency and its implications for market stability. […]
U.S. Congress Races Against Time to Meet Trump’s Legislative Deadlines
As the U.S. Congress resumes operations, senators are grappling with tight deadlines set by President Donald Trump. The first hurdle lies in the ‘Beautiful Act,’ a tax and […]
White House Blocks Congressional Oversight, Potentially Impacting Crypto Legislation
The White House has firmly rejected a congressional watchdog’s decision regarding funding, potentially throwing a wrench into budget negotiations and impacting the trajectory of cryptocurrency legislation. This dispute […]
SEC Chair Atkins Faces Scrutiny Over Crypto Ties in Congress Hearing
On May 20, 2025, SEC Chair Paul Atkins faced grilling from Congress regarding his ties to the cryptocurrency industry. Key concerns centered around his interactions with figures like […]
GENIUS Act Gains Momentum with Strong Congressional Support
The GENIUS Act has passed its initial hurdle in the legislative process, receiving approval with a strong majority of 66 votes in favor and 32 against. This move […]
Trump Tax Bill Stalled by GOP Disagreement
Donald Trump’s proposed tax legislation faces an unexpected obstacle: a setback in the House subcommittee. The bill’s failure to gain approval is due to disagreements within the Republican […]
GOP Congressman Attacks Greene Over Stock Surge, Calls for Banning Congressional Trading
Republican Congressman Mike Lawler has taken aim at Rep. Marjorie Taylor Greene following a surge of over 64% in her stock investment, questioning the ethics of such practices […]
US Senators Push for Tax Change on Digital Asset Holdings
Two US senators, Cynthia Lummis and Bernie Moreno, are urging Treasury Secretary Scott Bessett to adjust a provision regarding corporate taxation on digital assets. In a letter dated […]
Senate Blocks GENIUS Act, Stalling Stablecoin Regulation and Future Crypto Legislation
The US Senate’s attempt to regulate stablecoins with the GENIUS Act has been blocked after key Democrats withdrew support over security concerns. This setback delays stablecoin regulation and […]
Bipartisan Stablecoin Bill Clears Key Hurdle, Faces Vote This Week
A significant breakthrough has emerged in the ongoing debate surrounding stablecoins as Republican and Democratic senators have reportedly agreed on the GENIUS Act. The bill aims to establish […]
Crypto Hearing Undergoes Major Shift Amidst Democrats’ Boycott
A planned congressional hearing on digital assets, titled ‘American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century’, faced significant disruption due to a […]