U.S. Senate Banking Committee

Crypto world faces growing pressure to relent on stablecoin rewards to win bigger prize
As much as crypto negotiators paint bank lobbyists' campaign against stablecoin yield as unfair, it landed a blow that one dramatic move could end.

OCC pitches stablecoin rules as U.S. Senate holds banking hearing in which crypto stars
Before the Senate Banking Committee gaveled its banking-oversight hearing to a start, crypto claimed much of the oxygen, including in an OCC policy push.

Senate Banking Committee cancels crypto market structure markup
The committee's Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.

This is what's (currently) in the way of U.S. crypto market structure bill harmony
Though consequential Senate committee votes may be coming, the talks over the bill's language haven't yet satisfied fundamental requests from Democrats.

Crypto bill markup expected next week as pressure mounts before shutdown deadline
Senators met to restart the high-stakes negotiation over the crypto market structure bill, and one of them reportedly said a markup is planned next week.

Crypto's closest ally in Congress, Sen. Lummis, is retiring next year
The most tireless advocate of digital assets issues in the U.S. Senate said she's grown too tired to keep at it, leaving her Republican seat in play next year.

Teacher’s Union Says U.S. Senate Crypto Bill Puts Pensions and Economy at Risk: CNBC
The AFT said the bill is “irresponsible” and “reckless,” putting pensions of working families at risk and paving the way for the next financial crisis.

Senate Banking Panel Advances FDIC's Travis Hill for Wider Confirmation Vote
The Senate Banking Committee voted along party lines to send FDIC Acting Chair Travis Hill's nomination to the wider Senate for a final vote on taking the permanent job.

Crypto Industry Pitches Market Structure Ideas to U.S. Senators in Hearing
In the runup to 'Crypto Week' in the House next week, a Senate Banking Committee hearing dug into policy ideas as Senator Warren flagged Trump "corruption."

Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works
The former fund executive who became a U.S. senator from Pennsylvania this year, Dave McCormick, is BTC's biggest investor in Congress at the moment.

