Finance News – Senate
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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...
Read Full Article →Banking Committee chair sets September goal for market structure bill
The Senate Banking Committee aims to advance legislation by September that could influence digital asset market operations, potentially affecting investment strategies and regulato...
Read Full Article →Key U.S. Senator Tells White House Crypto Market Structure Bill Will Be Done by Sept. 30
A prominent U.S. senator indicated that legislation addressing the regulatory framework for digital assets is expected by late September, highlighting ongoing uncertainty that impa...
Read Full Article →Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill
Following the commencement of a ceasefire between Israel and Iran and the introduction of significant cryptocurrency legislation by the Senate, bitcoin's market value increased alo...
Read Full Article →As stablecoin bill heads to House, Senate shifts to market structure
The upcoming Senate hearing on a bipartisan proposal aims to create a regulatory framework for digital currencies, which could influence investment strategies and stability within...
Read Full Article →Trump's Crypto Ties Still Toxic With Some Dems, Including One Seen as Industry Ally
Recent legislative efforts highlight ongoing concerns about the impact of high-profile digital asset ventures on regulatory approaches and market stability within the evolving cryp...
Read Full Article →House, Senate tax bills both end many clean energy credits: 'It's just a question of timeline,' expe...
The proposed legislation would eliminate numerous consumer incentives for electric vehicles and energy-efficient home improvements starting in 2026, potentially affecting market de...
Read Full Article →Circle shares extend their rally after Senate passes landmark stablecoin bill
Investors reacted positively to the Senate’s approval of new stablecoin regulations, driving Circle’s stock higher amid expectations of increased market stability and potential gro...
Read Full Article →USDC Issuer Circle Spikes After Wall Street Firm Initiates With Buy Rating
Circle's shares increased by 14% following new stablecoin regulations and a positive analyst outlook forecasting substantial expansion in the digital currency market over the comin...
Read Full Article →Circle Stock Soars Further After Senate Passes Stablecoin Bill
The company's shares experienced a notable increase following the Senate's approval of legislation aimed at regulating digital currencies, potentially impacting the broader financi...
Read Full Article →Arizona Moves Closer to Creating Bitcoin Reserve as Bill Passes Final Senate Vote
If approved, the legislation could enable Arizona to manage and potentially benefit financially from abandoned digital assets by officially recognizing them as state-held property...
Read Full Article →Arizona’s Senate revives bill seeking to create reserve fund from seized crypto
The proposed legislation aims to establish a financial reserve sourced from confiscated digital assets, potentially impacting state revenue management and providing a new resource...
Read Full Article →Polymarket gives US stablecoin bill 89% chance of becoming law
Polymarket’s prediction market assigns a high likelihood that the US stablecoin legislation will be enacted, reflecting investor confidence following recent Senate approval of the...
Read Full Article →Five Surprising GOP Senate Bill Tax Changes to Know
The proposed Senate GOP tax adjustments in the new bill could impact various financial sectors, prompting discussions about potential shifts in taxation and budget allocations acro...
Read Full Article →Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%
The recent surge in Circle’s stock price highlights market expectations that the company will gain substantially from potential regulatory approval recognizing stablecoins as legit...
Read Full Article →Circle stock surges 34% to $200 record high after GENIUS Act passage, now up 500% from IPO
Following the Senate's approval of the GENIUS Act, Circle's shares experienced a substantial increase, reaching unprecedented levels and significantly boosting returns since the co...
Read Full Article →Ohio House advances bill exempting sub-$200 crypto transactions from capital gains tax
The proposed legislation aims to reduce tax obligations on smaller cryptocurrency trades, potentially encouraging increased digital asset activity within the state’s economy if app...
Read Full Article →Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden
The proposed legislation aims to reduce tax obligations for cryptocurrency participants, potentially impacting the financial responsibilities of digital asset users and miners with...
Read Full Article →Circle stock leaps to $200 record after 34% daily gain
Circle’s shares reached a new high, reflecting significant investor confidence and valuing the company at more than six times its initial public offering price within just two week...
Read Full Article →The Senate passed a major cryptocurrency bill — a big victory for digital assets
The recent legislative approval represents a crucial step toward establishing clearer regulatory frameworks, potentially attracting increased investment and fostering greater confi...
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