Senate


Policy

Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge

A crackdown on digital-assets companies is reminiscent of a campaign targeting gun sales, Federal Reserve Chairman Jerome Powell was told.

Sen. Bill Hagerty (Scott Olson/Getty Images)

Videos

Fed's Powell: No Decision yet on Size of March Rate Hike

U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.

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Policy

Binance a 'Hotbed of Illegal Financial Activity,' U.S. Senators Claim

Three lawmakers are pressing the crypto exchange on allegations it sought to limit compliance.

Changpeng Zhao ,CEO of Binance, at Consensus Singapore 2018 (CoinDesk)

Policy

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

As the crypto industry awaits a U.S. government decision on whether to issue a central bank digital currency, a former economic official said it was working toward that end.

Former U.S. Deputy National Security Advisor Daleep Singh (Drew Angerer/Getty Images)

Finance

Washington Plays Tennis With Crypto

If digital asset regulation is drifting into partisan waters, that’s bad for all involved.

The Washington Monument, Washington, D.C. (ANDREY DENISYUK/GettyImages)

Policy

Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico

The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.

A bill to combat crypto money laundering has been proposed in the U.S. Senate. (Shutterstock)

Policy

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)

Policy

US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month

Committee Chairman Sherrod Brown announced the hearing on digital assets safeguards for Feb. 14.

The U.S. Capitol in Washington, D.C. (Jesse Hamilton/CoinDesk)

Policy

Letter From US Senators 'Inappropriate,' Won’t Sway Me, FTX Bankruptcy Judge Says

Judge John Dorsey didn't seem impressed by the bipartisan communication from Elizabeth Warren, Cynthia Lummis and two other senators.

Zoom screenshot of Judge John Dorsey

Policy

One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement

Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.

Sen. Pat Toomey (Anna Moneymaker/Getty Images)