As House Panel Kicks Tires on Stablecoin Bill, Old-School Finance Giants Reveal Shift
In a U.S. congressional hearing on the new House stablecoin bill, witnesses including BNY Mellon and a Wall Street super-lawyer further show a tradfi arrival.
House Financial Services Committee
Crypto Industry Gets Chance to Make Its Case to U.S. Congress
In a hearing with the loaded title “A Golden Age of Digital Assets,” the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.
Crypto’s Debanking Worries Hit Another Big Stage in U.S. House
The industry’s U.S. banking crisis may be retreating as a second congressional committee sheds light on how crypto businesses have been treated by regulators.
Trump’s Crypto Czar Sacks Says ‘Golden Age’ Coming
David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.
French Hill to Lead Powerful Congressional Panel Next Term: Report
Hill, who chaired the House Financial Services Committee’s digital assets subcommittee, has long been a crypto advocate on the Hill.
‘We are Running Out of Time’: U.S. House Democrat Urges Stablecoin Bill Compromise
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee’s ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to regulate U.S. stablecoin issuers.
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.
U.S. House Committee Plans for Heap of Crypto Hearings in September
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission’s oversight of digital assets businesses and the implications of “pig butchering” scams.
Patrick McHenry Explains FIT21’s Passage
Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May.
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time.