Congress

Congress

Policy

Republicans Win House Majority, Completing Trifecta in 2024 Election That Saw Donald Trump Win Second Term

Republicans won a majority in the House of Representatives, clearing the way for comprehensive crypto legislation when Congress takes off next year.

U.S. Capitol Building (Connor Gan/Unsplash)

Opinion

Andy Barr's 'Vision' for House Financial Services

The Kentucky lawmaker is running to succeed crypto-advocate Patrick McHenry as chair of the powerful U.S. House Financial Services Committee.

Rep. Andy Barr (Nikhilesh De/CoinDesk)

Policy

SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security

Gensler was responding to CNBC's question on whether the SEC chair was "warming up to top-tier crypto?"

SEC Chair Gary Gensler (Nikhilesh De/CoinDesk)

Policy

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a "grand bargain" to finish a stablecoin bill this year.

U.S. Securities and Exchange Commission Chair Gary Gensler took vigorous Republican criticism on his agency's crypto record at a hearing. (screen capture, House Financial Services Committee)

Videos

Could We Still See a Crypto Bill This Year?; FTX’s Accounting Firm to Pay SEC $1.95M in Settlements

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Rep. Patrick McHenry and Sen. Cynthia Lummis maintain their position that a chance remains for a crypto bill to clear Congress before the end of the year. Plus, FTX accounting firm Prager Metis agrees to pay $1.95 million in settlement to the SEC, and CFTC Chair Behnam speaks on the legal battle against Kalshi.

Recent Videos

Policy

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing

The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

Former member of the U.S. Securities and Exchange Commission Daniel Gallagher testified in a House committee that the SEC rebuffed Robinhood Markets' attempt to comply with agency rules.  (photo illustration, Jesse Hamilton/CoinDesk)

Policy

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year

Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate

John Deaton, a lawyer known as an advocate for crypto, dominated the Republican primary in Massachusetts, though beating Warren would be a Herculean task.

Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)

Policy

U.S. House Committee Plans for Heap of Crypto Hearings in September

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Policy

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes

The industry's top campaign-finance operation poured about $1.4 million into advertising to help secure Ansari's victory in a U.S. House primary, which was finalized in a recount this week.

Yassamin Ansari, a crypto-friendly Democratic congressional candidate in Arizona, held on to a 39-vote lead after a recount. (Gage Skidmore/Flickr)