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Category US Senate

MainNews US Senate
U.S. Senate's Banking Chair Pushes Debanking Bill After Crypto Uproar

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 blo...
Mar, 06, 2025
by CoinDesk
Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle

Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle

With a split among Democrats, the congressional resolution to erase the IRS crypto broker rule passed with a massive majority and is now up to the ...
Mar, 04, 2025
by CoinDesk
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed

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.
Mar, 04, 2025
by CoinDesk
Trump's FDIC Chief Rethinks Crypto Guidance as U.S. Senators Probe Debanking

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...
Feb, 05, 2025
by CoinDesk
As Lutnick Faces U.S. Senate, Elizabeth Warren Scrutinizes His Tether Ties

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 Fit...
Jan, 29, 2025
by CoinDesk