Senate Banking Committee


Policy

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)

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.

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

Policy

Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On

Among nine new supporters of the legislative effort to ward off illicit uses of crypto are Democratic chairs of the Homeland Security and Judiciary committees.

Elizabeth Warren (Courtesy of Sen. Elizabeth Warren)

Policy

Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers

Sen. Sherrod Brown, the Democratic chairman of the Senate Banking Committee, called for more crypto transparency and consumer protections in a letter to agency chiefs.

Sen. Sherrod Brown (Ethan Miller/Getty Images)

Policy

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

Senate Banking Committee Chairman Sherrod Brown, who would need to get on board for crypto legislation to move, is highly critical and encouraged Gensler’s crypto enforcement.

Senate Banking Committee Chairman Sherrod Brown, who will likely need to support any crypto legislation from Congress, remains highly critical of the industry.  (Anna Moneymaker/Getty Images)

Policy

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

Despite recent stumbles in court for the Securities and Exchange Commission, Chair Gary Gensler is still hewing to his industry criticism.

U.S. Securities and Exchange Commission Chair Gary Gensler will again blast the crypto industry at a Senate hearing this week. (Kevin Dietsch/Getty Images)

Policy

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

Sen. Bill Hagerty, a Republican on the Senate Banking Committee, says the panel should be digging into the interactions between the securities regulator and the digital assets sector.

(Photo courtesy of the Securities and Exchange Commission)

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.

(Jesse Hamilton/CoinDesk)

Policy

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

In a Senate hearing, a top U.S. Treasury official said Chinese drug makers have found crypto payments “appealing,” and Warren cited Elliptic research to back a push for legislation.

Prescription fentanyl (Daniel Tahar/Wikimedia Commons)

Videos

FDIC Chairman Testifies on SVB, Signature Bank Failures

Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg testifies before the Senate Banking Committee on the failures of Signature Bank and Silicon Valley Bank.

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