Congress

Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote
Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote
April 03, 2025  |  Regulation

The Senate Banking Committee voted Thursday (April 3) to advance President Donald Trump’s nominee as chair of the Securities and Exchange Commission (SEC), Paul Atkins,...

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Crypto Executives Push Congress to Allow Stablecoin Issuers to Pay Interest
Crypto Executives Push Congress to Allow Stablecoin Issuers to Pay Interest
April 03, 2025  |  Cryptocurrency

Some crypto executives are reportedly pushing Congress to allow stablecoin issuers to pay interest on their U.S. dollar-pegged tokens. The executives aim to add this...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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House Financial Services Committee Aims to Improve Access to Capital
House Financial Services Committee Aims to Improve Access to Capital
March 26, 2025  |  Business

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. During a Tuesday (March 25)...

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French Hill Favors Regulatory Framework for Stablecoins, Ban on CBDC
French Hill Favors Regulatory Framework for Stablecoins, Ban on CBDC
March 11, 2025  |  Cryptocurrency

House Financial Services Committee Chairman French Hill, R-Arkansas, said Tuesday (March 11) that he supports the development of a federal framework for payment stablecoins and...

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Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
Congressional Actions Against CFPB Overdraft, Digital Payments Rules May Spur Financial Services Innovation
March 06, 2025  |  Bank Regulation

Wednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers, the other focused on bank...

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Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
March 05, 2025  |  Regulation

Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Musk...

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Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
February 24, 2025  |  Regulation

It wasn’t quite a manic Monday this week. But don’t bet on that relative calm to continue. While the past week in Washington lacked the...

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US Reps Hill and Steil Call for Digital Assets Legislation to ‘Unleash Innovation’
US Reps Hill and Steil Call for Digital Assets Legislation to ‘Unleash Innovation’
February 20, 2025  |  Cryptocurrency

Digital asset legislation is needed in the U.S. to “unleash innovation” while protecting consumers and national security, two members of the House Financial Services Committee (HFSC)...

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