Senate Banking Committee
Senate sets markup date for market structure
The Senate Banking Committee has scheduled a May 14 markup for the Digital Asset Market Clarity Act, the bill's first serious shot at advancement after a January delay. The White House wants it passed by July 4, but the banking industry still has reservations. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
White House wants crypto law signed by July 4th
White House crypto adviser Patrick Witt told Consensus Miami that the administration is targeting July 4 — the nation's 250th birthday — for passage of the Digital Asset Market Clarity Act. The timeline requires Senate markup this month and four floor weeks in June. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Powell has 'no choice' but to stay at Fed as governor
Federal Reserve Chair Jerome Powell said he has "no choice" but to remain at the Fed as a Governor after his chairmanship ends in May, citing ongoing legal pressure from the Trump administration. Will the three hawkish dissents complicate Kevin Warsh's path to rate cuts? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Is crypto market structure bill running out of time?
The crypto market structure bill has not made much public movement in a month even though Memorial Day has been the informal deadline for legislation to advance before the midterms. What will happen if CLARITY misses this window again? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
U.S. Senate housing bill includes CBDC ban
The Senate Banking Committee's bipartisan "ROAD to Housing Act" includes a provision banning the Fed from issuing a CBDC before 2031.
Here's why Coinbase and other companies soured on the major crypto bill
Provisions addressing decentralized finance, SEC jurisdiction and authorities and — of course — stablecoin yield all alarmed industry participants.
Senate files again for major crypto bill with stablecoin-rewards compromise, DeFi protections
A new draft of the Senate's legislation shows the bill has a compromise on stablecoin rewards and some protections for decentralized finance.
Senate Republicans race toward crypto vote on bill with uncertain Democratic buy-in
The Banking Committee chief confirmed Friday evening that he's pressing forward, though the Agriculture Committee says it still hopes for a bipartisan version.
What if crypto's U.S. market structure effort just never gets there?
Guessing the direction of Congress is akin to long-range weather prediction, with so many variables in play, and the industry's fate depends on a break in the storm.
