Finance News – Senate
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Meet the BLS nominee who economists on the left, right, and center agree is unqualified
E.J. Antoni's appointment raises concerns across the political spectrum due to limited experience, potentially impacting the Bureau of Labor Statistics' reputation and influencing...
Read Full Article →Trump’s crypto working group pushes for clearer rules as adoption grows
The administration’s digital asset team urges regulatory clarity to support increased cryptocurrency use and innovation amid new legislation and upcoming Senate consideration of ad...
Read Full Article →Senate introduces bill for tariff rebate checks after Trump suggestion
The proposed legislation aims to provide financial relief to households by issuing payments intended to offset the economic impact of tariffs, reflecting growing discussions on tra...
Read Full Article →Anti-CBDC bill could curb Fed’s power over digital dollar, sponsor says
The proposed legislation may limit the Federal Reserve’s influence on digital currency operations, potentially affecting regulatory frameworks amid ongoing congressional discussion...
Read Full Article →Quintenz, Trump's Pick as Potential U.S. Crypto Watchdog, Delayed by White House
The postponement of Brian Quintenz’s committee vote by the White House may affect the timeline for regulatory decisions impacting the cryptocurrency market's stability and investor...
Read Full Article →State of Crypto: The Senate Responds to Clarity Act
The proposed legislation by the Senate Banking Committee aims to establish clearer regulatory guidelines, which could impact investment strategies and overall market stability with...
Read Full Article →Senate Will End Up Passing House Version of Crypto Market Structure, Says Tom Emmer
The Senate’s anticipated approval of the House’s cryptocurrency market framework could influence regulatory approaches, potentially affecting investment strategies and the overall...
Read Full Article →Another ICO Boom? What the Senate’s Market Structure Bill Means for Crypto Startups
The proposed Senate bill could influence fundraising methods for cryptocurrency startups, potentially affecting investor participation and the overall financial dynamics within the...
Read Full Article →Sen. Lummis slams Fed Chair Powell over his role in Operation Chokepoint 2.0
Senator Lummis criticized Federal Reserve Chair Powell’s involvement in Operation Chokepoint 2.0, highlighting potential impacts on financial institutions and digital currency rese...
Read Full Article →Sen. Mike Lee posts, deletes fake Fed Chair Powell resignation letter: Reports
Senator Mike Lee shared and then removed a fabricated resignation letter attributed to Federal Reserve Chair Powell amid ongoing tensions related to the central bank's interest rat...
Read Full Article →The Daily: JPMorgan explores crypto loans, Musk’s SpaceX moves bitcoin, Senate pushes policy, and mo...
Major financial institutions are expanding their involvement in digital currencies by developing new lending products, integrating cryptocurrency payment options, and forming partn...
Read Full Article →Senate Releases Answer to Clarity Act as It Continues Market Structure Work
The Senate's new discussion draft on market structure aims to gather feedback that could influence financial regulations and impact trading practices within the investment industry...
Read Full Article →Senate Republicans release crypto market structure discussion draft aimed at building off House-pass...
Senate Republicans are advancing legislation intended to enhance regulatory clarity and stability in the cryptocurrency sector, potentially influencing market operations and invest...
Read Full Article →Senate to consider Trump's CFTC pick as crypto oversight hangs in the balance
The Senate Agriculture Committee's evaluation of Brian Quintenz for CFTC leadership may influence regulatory decisions that significantly impact the financial stability and future...
Read Full Article →'Historic': Trump to Sign Nation’s First Major Crypto Bill After Passing House
The upcoming legislation aims to establish a regulatory framework for stablecoins and market infrastructure, potentially impacting cryptocurrency markets and investor confidence na...
Read Full Article →Senate Agriculture's Top Dem: Crypto Market Structure Effort Needs 'Serious Changes'
The financial importance of the crypto market structure bill lies in its potential to shape regulatory frameworks, impacting investor protections, market stability, and the future...
Read Full Article →House's Crypto Markets Bill on Track, But Some in Industry Hope For Senate Overhaul
The proposed legislation aims to establish clearer regulations for digital assets, potentially impacting investment strategies and market stability while prompting varied responses...
Read Full Article →Senate confirms former blockchain executive Jonathan Gould to lead OCC
Jonathan Gould’s appointment to head the Office of the Comptroller of the Currency is expected to influence regulatory policies affecting the financial technology and banking secto...
Read Full Article →Will XRP hit new highs as Ripple participates in US Senate Web3 summit?
Ripple’s involvement in the upcoming US Senate Web3 summit could influence investor sentiment, potentially affecting XRP’s market performance and attracting increased attention wit...
Read Full Article →Student loan borrowers will have fewer repayment options under GOP megabill
If enacted, the legislation may limit the variety of ways individuals can repay their student loans, potentially affecting their ability to manage debt effectively over time.
Read Full Article →Senate passes Trump’s massive budget bill, with no mentions of crypto or Bitcoin
The Senate approved a comprehensive budget bill impacting numerous sectors and funding allocations, yet it did not include any references to digital currencies or blockchain techno...
Read Full Article →Trump’s ‘Big Beautiful Bill’ Passes Senate—Without Bitcoin Tax Exemptions
The recent legislation approved by the Senate impacts the crypto sector by omitting previously sought tax relief measures for miners and retail investors, potentially affecting the...
Read Full Article →Dow Jones up 300 points as Senate passes Trump’s budget, Tesla drops 8%
The stock market experienced gains following the Senate's approval of the budget proposal, although Tesla shares declined sharply amid ongoing tensions between the company's CEO an...
Read Full Article →What’s in Trump’s major tax bill? Extended cuts, deportations and more
The legislation provides significant tax relief for high earners, allocates funding for immigration enforcement initiatives, and is projected to substantially increase the federal...
Read Full Article →Congress' Budget Bill Advances From Senate Without Crypto Tax Provision
The Senate's progression of the budget bill, excluding cryptocurrency tax measures, impacts the financial landscape by maintaining current tax frameworks and avoiding additional re...
Read Full Article →Crypto tax amendment dropped from Senate’s ‘Big, Beautiful Bill,’ but Sen. Lummis plans to keep push...
The removal of the cryptocurrency tax provision from the bill means potential changes in tax regulations for digital assets may be delayed, affecting investors and market participa...
Read Full Article →Trump celebrates 'big beautiful bill' being passed in Senate after fresh spat with Elon Musk
The passage of the new legislation in the Senate is expected to have notable economic implications, potentially influencing markets and fiscal policies in the United States moving...
Read Full Article →Renewable energy stocks slide as Senate eyes tax-credit rollbacks
Potential changes to tax incentives are causing a decline in the value of companies focused on sustainable energy, reflecting market concerns about future profitability and policy...
Read Full Article →Elon Musk renews his attacks on Trump's big bill, calling it 'massive strategic error'
Elon Musk criticizes the proposed legislation backed by Senate Republicans, highlighting potential economic risks as the bill faces strong opposition from Democrats in Congress.
Read Full Article →Elon Musk calls Trump’s big bill ‘utterly insane and destructive’ as Senate debates
Elon Musk warned that the proposed legislation could severely damage the economy by eliminating numerous employment opportunities and negatively impacting the nation’s long-term fi...
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