US Senate


Policy

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.

Senator Bill Hagerty

Policy

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.

World Liberty Financial Trump ties

Policy

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.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

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.

CoinDesk

Policy

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.

Senator Scott will be the next chairman of the Senate Banking Committee

Policy

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.

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

Policy

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.

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

Policy

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.

FastNews (CoinDesk)

Policy

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.

Anchorage Digital CEO Nathan McCauley testifies in the Senate

Policy

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.

Howard Lutnick, nominee for Department of Commerce

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