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 […]
Hawley Revives ‘Pelosi Act’ to Ban Congress Members from Stock Trading
Senator Josh Hawley has reintroduced the “Pelosi Act,” aiming to ban active members of Congress and their spouses from trading stocks while in office. This legislation, named after […]
Trump Endorses Ban on Congressional Stock Trading, Calling for Transparency
President Donald Trump has voiced his support for a bill banning congressional stock trading, signaling a potential shift towards increased political transparency in Washington D.C. This endorsement comes […]
U.S. Treasury Secretary to Address Congress in May
U.S. Treasury Secretary Janet Yellen will appear before a House of Representatives hearing on May 7th. This congressional event is expected to focus on key economic issues and […]
Bitcoin Investment Dominates US Senate as Senator McCormick Becomes Biggest Investor
U.S. Senator Dave McCormick, former CEO of the investment firm Bridgewater Associates, has made Bitcoin (BTC) a major part of his portfolio, becoming the largest bitcoin investor in […]
U.S. Economic Leaders to Meet: Top Negotiators Prepare for Key Discussion
Next week, top congressional negotiators will meet with White House officials for a crucial gathering. U.S. Treasury Secretary Mnuchin and Hassett, National Economic Council Director, are set to […]