Senate Banking Chair Tim Scott: 12-18 Dems May Vote for Market Structure Bill
The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.
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Tim scott
The Senate only has a discussion draft out on market structure legislation so far, but Scott previously said he expects the bill to be done by the end of September.
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing “reputational risk” as a reason to block clients.
Sen. Cynthia Lummis said the window is closing, but it’s not shut yet.
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim Scott’s entry into actual crypto discussion.
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should “make it easy” for the crypto industry to innovate in the U.S.