Finance News – Congress
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Elon Musk disses Trump's 'big, beautiful bill' for growing the national debt
Elon Musk expressed concerns about the substantial fiscal impact of the recent Republican domestic policy legislation, highlighting potential challenges related to the increasing n...
Read Full Article →US lawmaker introduces anti-corruption bill ahead of Trump's dinner
The proposed legislation aims to prevent high-ranking officials and their families from exploiting cryptocurrency ventures for personal financial gain, thereby addressing potential...
Read Full Article →US lawmaker reintroduces bill amid pushback on Trump's crypto ties
The proposed bipartisan legislation aims to clarify regulatory responsibilities for digital asset entities, potentially reducing compliance costs and fostering innovation within th...
Read Full Article →Trump's Memecoin Dinner Draws Crowded Cast of Democratic Protesters from Congress
The event attracted notable figures from the cryptocurrency industry, highlighting ongoing political tensions and potential legislative actions that could impact the financial and...
Read Full Article →S&P 500 Gains & Losses Today: Index Slips as Congress Mulls Tax Bill, Treasury Yields Surge
Stock market activity experienced a slight decline amid legislative discussions on tax policy, while government bond returns increased, reflecting shifts in investor sentiment and...
Read Full Article →Trump says $175bn ‘Golden Dome’ will be completed during his term
The allocation of $25 billion within the current tax and budget legislation highlights the project's potential impact on federal spending and its broader economic implications duri...
Read Full Article →World Liberty Financial brushes off oversight concerns from Congress
The emerging stablecoin backed by World Liberty Financial is attracting significant large-scale investments, highlighting the potential impact on regulatory frameworks and market p...
Read Full Article →Trump’s crypto ties ‘add a certain level of challenge’ to passing bills — Coinbase exec
The involvement of former President Trump in cryptocurrency ventures has introduced complexities that may influence legislative progress and regulatory consensus among U.S. lawmake...
Read Full Article →What are the next steps for the US stablecoin bill?
The upcoming Senate vote on the stablecoin legislation could impact digital asset regulation and financial markets, though concerns about political conflicts remain unresolved amid...
Read Full Article →Trump’s crypto influence scrutinized as stablecoin legislation stalls in Congress
The potential approval of legislation favoring digital currencies may impact market stability and investor confidence, highlighting the broader economic implications tied to curren...
Read Full Article →Trump backs tax hike on rich, but says GOP 'should probably not do it'
Trump’s support for increasing taxes on wealthy individuals signals a departure from usual party views, potentially impacting legislative negotiations and financial policy decision...
Read Full Article →Trump's 'corrupt' billion-dollar crypto deal sparks outrage in Congress
The controversy surrounding the Trump family’s recent high-value cryptocurrency transaction highlights potential risks that could influence the progress and implementation of signi...
Read Full Article →Trump Crypto Businesses Create 'Pathways' for Corruption, Says Anthony Scaramucci
The Trump family’s engagement in cryptocurrency ventures has drawn attention for potentially influencing regulatory discussions and raising concerns about ethical practices within...
Read Full Article →Bitwise sees peril in stalled crypto legislation amid political unrest
The absence of clear regulatory frameworks could increase market uncertainty and hinder investment growth in digital assets, potentially impacting the broader financial ecosystem d...
Read Full Article →Bitwise CIO warns of challenging summer for crypto if Congress ‘fumbles the ball’ on legislation
The financial outlook for cryptocurrency this summer depends heavily on whether U.S. lawmakers successfully approve stablecoin regulations and market structure reforms, which could...
Read Full Article →Can President Trump really put tariffs on films produced abroad? The law says no.
Legislation enacted in 1988 prevents the president from imposing duties on foreign media products, which could affect trade dynamics and revenue in the international entertainment...
Read Full Article →The next possible target in Trump’s battle with Harvard: Hiking the tax on its $53 billion endowment
A proposed congressional bill aims to raise the tax rate on large university endowments to 21%, potentially increasing the financial burden on Harvard and similar institutions with...
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