Senate Banking Committee

Markets

Senate Confirms Gary Gensler as Next SEC Chief

Gensler previously ran the federal Commodity Futures Trading Commission.

By Nikhilesh DeApr 14, 2021

Policy

Sen. Sherrod Brown Says US Should ‘Lead the Way’ on CBDCs, Disses Diem and Bitcoin

“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.

By Nikhilesh DeMar 5, 2021

U.S. Sen. Sherrod Brown (D-Ohio) endorsed the idea of a token-based digital dollar.

Policy

State of Crypto: The US Government Keeps Mentioning Terrorism

Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?

By Nikhilesh DeFeb 23, 2021

Treasury Secretary Janet Yellen has brought up crypto's use in terrorism on three different occasions since Jan. 6, 2021.

Policy

US Congress Plans Hearings on GameStop Market Pumps

While Congress is planning multiple hearings, it's less clear what financial regulators might do.

By Nikhilesh DeJan 28, 2021

GameStop's share price rose to nearly $500 on Thursday.

Markets

Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking

U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation.

By Nikhilesh DeSep 2, 2020

Senate Banking Committee Chair Mike Crapo (left) and Ranking Member Sherrod Brown (U.S. Senate)

Policy

Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy

The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.

By Nikhilesh DeJul 23, 2020

Senator Tom Cotton, who chairs the Senate Banking Committee ecnomic subcommittee, said U.S. dollar supremacy helps it maintain its sanctions regime while asking about the potential benefits of a digital dollar. (Michael Vadon/Flickr)

Markets

US Senators Float Bill Requiring Congressional Watchdog to Study Crypto's Role in Trafficking

Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking.

By Danny NelsonJul 1, 2020

Markets

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

By Nikhilesh DeJul 1, 2020

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)

Policy

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.

By Nikhilesh DeJun 30, 2020

Christopher Giancarlo (CoinDesk archives)

Markets

Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners

A former U.S. Treasury official urged Congress to regulate cryptocurrency miners in order to fight human trafficking.

By Nikhilesh DeSep 3, 2019

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