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US Senate
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.
Trump's Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto
The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.
US Senators Press Crypto Bank Silvergate on Ties to FTX: Bloomberg
The lawmakers said in a letter that Silvergate’s previous responses to queries were “evasive and incomplete.”
Bipartisan Group of US Senators Calls for Independent Examiner to Investigate FTX
Four senators are urging the judge in the bankruptcy case to support a motion for to appoint an examiner.
