Senate Banking Committee


Policy

Lummis to Lead Crypto-Vital U.S. Senate Panel With Digital Assets Industry Defenders

Led by Senator Cynthia Lummis, arguably crypto's most loyal friend in Congress, the Senate Banking Committee's new digital assets panel includes other fans.

Senator Cynthia Lummis, a Wyoming Republican

Policy

Next U.S. Senate Banking Chair Calls Crypto 'Next Wonder' of World

Senator Tim Scott said the Senate will tackle crypto bills, and the incoming chair of the House Financial Services Committee said he hopes to pass them in 2025.

Senator Scott, chairman of the Senate Banking Committee

Policy

U.S. Senator Elizabeth Warren Rises Into Role Where Crypto Sector Won't Shake Her

Warren will be the top Democrat on the Senate Banking Committee that crypto legislation must clear – the most senior role for the opposition party on digital assets matters.

Senator Elizabeth Warren, Congress' most dedicated critic of the crypto sector, will have a prominent role with crypto legislation. (Chip Somodevilla/Getty Images)

Policy

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)

Policy

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

Policy

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Policy

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Bernie Moreno will be the Republican nominee for Senate in Ohio, facing Sen. Sherrod Brown in this year's general election.

U.S. Senate candidate Bernie Moreno benefited from President Donald Trump's endorsement on the way to winning the Ohio Republican primary. (Scott Olson/Getty Images)

Policy

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Policy

Crypto Action in Senate Remains on Back Burner: Sources

Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far holding off.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)