US Senate
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.
Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans
A joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”
Here's What's Inside the First Major Bipartisan Crypto Bill
Senators Kirsten Gillibrand and Cynthia Lummis introduced their long-awaited crypto legislation that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200. “The Hash” breaks down what it could mean for the future of crypto regulation.
US Rep. Josh Gottheimer Introduces Bill for Government-Backed Stablecoin Insurance
The bill would designate certain stablecoins as "qualified," making them redeemable on a one-to-one basis for U.S. dollars.
House Returns to Washington to Forge Ahead With Infrastructure Bill
The House of Representatives is expected to return to Washington Monday to hold a procedural vote to advance the Senate’s $1 trillion bipartisan infrastructure legislation. CoinDesk’s Nikhilesh De discusses what to expect as it seems the bill is likely to be formally introduced without a crypto amendment.
