U.S. Senate Banking Chairman Promises to Get Clarity Bill Across Finish Line
U.S. Senate Banking Committee Chairman vows to support moving the long-awaited Clarity Act into its final phase to eventually get it passed.
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U.S. Senate Banking Committee Chairman vows to support moving the long-awaited Clarity Act into its final phase to eventually get it passed.
U.S. banking groups have urged the Senate to tighten the CLARITY Act’s stablecoin yield rules, warning that unclear language could encourage payment stablecoins to compete with tra...
CFPB nominee Brian Johnson faced Senate questions on independence, a dropped Capital One case and proposed examiner cuts.
The Senate Finance Committee approved five nominees to serve as commissioners for the U.S. International Trade Commission on Tuesday.
A report from Senate Democrats accuses big banks of failing to report suspicious money transfers made by Jeffrey Epstein until after his arrest in 2019.
The House passed H.R. 6955 by 270-154, easing capital and supervision rules and some merger reviews for community banks.
While Senate Democrats have their own issues with the CLARITY Act, community bankers would be leveraging their ties with Senate Republicans to explain the effects that enshrining s...
Senators Ron Wyden and Elizabeth Warren, ranking Democrats on the Finance and Banking Committees, have urged regulators to require brokerages to provide stronger customer protectio...
The Senate HELP Committee advanced S. 5046 in a 13-9 vote, blocking the Education Department from transferring four offices to other federal agencies. The post Senate Committee Adv...
Sunday Aborisade in Abuja The Senate yesterday subjected the Central Bank of Nigeria (CBN) to intense scrutiny over its monetary policy, banking sector recapitalisation, inflation...
On 8 September 2026, the UK Parliament reported that members of the House of Lords continued their further examination of the Financial Services and Markets Bill in report stage on...
The Senate Finance Committee voted nearly unanimously to approve a wide-ranging bipartisan tax administration bill aimed at improving operations at the IRS.
The Bank Policy Institute, representing the massive U.S. banking lobby, filed a comment letter asking FinCEN to apply customer identification requirements to secondary stabilizatio...
Potential erosion of trust in Fed's impartiality could impact market stability and necessitate stricter oversight of officials' interactions. The post Fed governor met bankers duri...
The Senate Judiciary Committee’s Subcommittee on Crime and Counterterrorism held an unusually consequential hearing on August 4 entitled “Your Data, Their Profit: The Consumer Cost...
Community banks are leading the opposition to the CLARITY Act, stressing that there is no middle ground on the stablecoin yield issue. Rebeca Romero Rainey, president and CEO of In...
Bitcoin Magazine Senate Unanimously Votes That Sam Bankman-Fried Should Never Get a Pardon The Senate unanimously approved a nonbinding resolution declaring that former FTX CEO Sa...
The Senate approved a resolution opposing clemency for former FTX CEO Sam Bankman-Fried as prediction markets put the odds of a Trump pardon by July 31 below 1%.
The Senate Intelligence Committee advanced Jay Clayton's nomination for director of national intelligence, despite opposition from Democrats.
The Senate Finance Committee approved the Taxpayer Assistance and Service Act, legislation backed by the AICPA that would modernize IRS operations, expand taxpayer services, and gi...
The CLARITY Act has stalled ahead of a Sept. 15 procedural vote requiring 60 senators, as Senate Banking Committee Chairman Tim Scott accused Elizabeth Warren’s team of trying to d...
According to an exclusive Bloomberg Law report, the Federal Deposit Insurance Corporation is considering plans to work with banking and financial technology industry groups to esta...
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