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Senate
Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows
U.S. political parties take separate, opposing lessons from the crash of Sam Bankman-Fried’s crypto empire.

White House Goes Back to the Future With FDIC Chair Pick Gruenberg
The Biden Administration has nominated Martin Gruenberg, the longest-serving FDIC board member in history, to return to the chairmanship he held under Obama.

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse
After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

US Democrat Senator John Hickenlooper Criticizes Gary Gensler's Approach to Crypto at SEC
Hickenlooper noted in a letter the current lack of a coordinated regulatory framework leads "uneven enforcement."

New Senate Committee Plan Could Grant CFTC Primary Crypto Jurisdiction
The Senate's agriculture committee, which oversees the Commodity Futures Trading Commission (CFTC), introduced a bipartisan bill Wednesday that would grant the CFTC "exclusive jurisdiction" over cryptocurrency trades that meet commodities law. "The Hash" discusses the latest in the U.S. crypto regulatory landscape amid an ongoing turf war.

US Senators Push Bill to Make Small Crypto Transactions Tax-Free
The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.

Federal Reserve Board: Recent Market Turmoil Shows ‘Structural Fragilities’ of Crypto
The report is a preview of Fed Chair Jerome Powell's testimony in Congress next week.

CFTC Chief Heaps Praise on Bill That Boosts Agency’s Crypto Reach
Chairman Rostin Behnam supports the contours of the Lummis-Gillibrand regulatory bill released this week.

Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing
A Senate Homeland Security hearing painted cryptocurrencies as the favorite payments for hackers.
