House Financial Services Committee

Crypto-Friendly Lawmakers Ask Biden, Yellen to Quantify Hamas' Digital Asset Fundraising

Lawmakers want to know to what extent Hamas may actually be raising crypto funds to finance terrorism, and what role the U.S. has had in seizing those funds.

By Nikhilesh DeNov 15, 2023

Policy

U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances

Majority Leader Steve Scalise dropping out means digital assets legislation remains on hold. Crypto fan Tom Emmer also won't have the No. 2 role to seek, another potential blow.

By Jesse HamiltonOct 13, 2023

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick

If Republicans can’t unify behind Scalise or another choice to be speaker, paralysis in the House over crypto legislation and a potential government shutdown could continue.

By Jesse HamiltonOct 11, 2023

U.S. House Majority Leader Steve Scalise got the nod from his party to be the next speaker of the House. But several fellow Republicans may vote against him anyway, so his ascent isn't assured. (Photo courtesy of Rep. Steve Scalise; illustration by Jesse Hamilton/CoinDesk)

Policy

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

While Congress stares down the barrel of a Nov. 17 government shutdown, the rudderless House remains the focus of the crypto industry’s hopes for regulatory progress.

By Jesse HamiltonOct 9, 2023

House Majority Leader Steve Scalise (R-La.) and Judiciary Committee Chairman Jim Jordan (R-Ohio) are vying in the House of Representatives for the open speaker position. (Chip Somodevilla/Getty Images)

Policy

Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.

By Jesse HamiltonOct 3, 2023

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)

Policy

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.

By Jesse Hamilton, Nikhilesh DeSep 27, 2023

U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony. (Courtesy of the House Financial Services Committee)

Policy

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action.

By Jesse HamiltonSep 26, 2023

Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images)

Policy

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.

By Jesse HamiltonSep 20, 2023

Policy

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question the SEC and FINRA about the company’s unique status.

By Jesse HamiltonAug 15, 2023

Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)

Policy

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

Though the industry legislation has reached unprecedented heights, the wins may be too messy to open a path to the finish line this year.

By Jesse HamiltonAug 1, 2023

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