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US Senate
U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say
Senator Bill Hagerty, who backed the Senate's version of the legislation, predicted the body will "make history" next week by passing the bill.

Trump-tied World Liberty Financial Rebuffs U.S. Senator's Probe
Sen. Richard Blumenthal had written letters to Trump-affiliated executives, asking about their businesses, and WLFI called some of his assertions inaccurate.

Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation.

Senate Democrat Says He's Looking Into Trump's Crypto Businesses
Sen. Richard Blumenthal wrote letters to Trump-affiliated business executives, asking about their ownership and investment structure.

U.S. Senate's Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.

Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
With a split among Democrats, the Senate resolution to erase the IRS' DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.

President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.

U.S. Senate Banking Committee Sets Hearing on Crypto Legislation Next Week
The congressional committee that was a roadblock in the previous session has scheduled a Feb. 26 hearing on "bipartisan legislative frameworks" for crypto.

Trump's FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking
FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.

As Lutnick Faces U.S. Senate, Elizabeth Warren Scrutinizes His Tether Ties
Howard Lutnick, President Trump's pick to run the Department of Commerce, is probed by the senator on the Tether connection of his firm, Cantor Fitzgerald.
