The U.S. Senate has taken a key step in confirming the nominations for the chairpersonship of the Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC). Trump's nominees for CFTC chairperson Mike Selig and FDIC chairperson Travis Hill have passed a 52-47 procedural vote to pave the way for final confirmation. A Senate majority spokesperson expects a final vote could take place early next week. Selig, who previously oversaw crypto at the SEC, will succee...
According to Cointelegraph, Tim Scott, chairperson of the US Senate Banking Committee, said that the crypto market structure bill is planned to be flagged in December, with the goal of sending it to President Trump for signature in early 2026 to make the United States the "cryptocurrency capital of the world". The bill aims to clarify the crypto regulatory powers of the CFTC and SEC.
According to crypto journalist Eleanor Terrett, citing sources, John Boozman (R-Arkansas), chairperson of the U.S. Senate Agriculture Committee, said in an interview with Bloomberg that his committee is planning to move forward with the markup of the Digital Asset Market Structure Act in early December. Boozman pointed out that due to the impact of the government shutdown, the progress has been slightly delayed, but "the committee is still committed to complete the progress in early December".
The U.S. Senate has taken a key step toward reopening the government after a group of moderate U.S. Democrats broke party lines and voted in favor of a deal to end the record-breaking government shutdown. On Sunday night local time, the Senate passed a procedural motion by a vote of 60 to 40 to advance the bill. The Senate has not yet scheduled a final vote. The House of Representatives also needs to approve the package before it can be submitted to President Trump for signature. Under the deal,...
On November 10, the US Senate officially passed a new continuing funding bill that will fund the government until January 30 to end the government shutdown. All votes have been counted, with 60 votes in favor and 40 votes against.
On November 8th, local time on November 7th, the US Senate failed to pass the motion to advance the "Specific Federal Employee Appropriations Act" (S.3012) by a vote of 53 to 43, falling short of the 60-vote threshold required for passage. The bill aims to provide funding for some federal employees who still need to perform their duties during the forced shutdown to ease the impact of the government shutdown. Although some lawmakers called for the restoration of funding for key departments as so...
US Treasury Secretary Scott Bessent said in a post on the X platform that 17 years after the release of the white paper, the Bitcoin network is still functioning and more resilient than ever. Bitcoin has never shut down, and Senate Democrats can learn something from it.
According to CCTV news, on October 28 local time, the US Senate will vote for the 13th time on the "clean version" of the government funding bill passed by the House of Representatives, which aims to temporarily resume government operations at the current level of funding. Previously, the procedural motion has been rejected in the Senate for 12 consecutive times, because it needs at least 60 votes (including the support of some Democratic lawmakers) to pass. It is expected that the result of the...
According to CCTV news, on October 22 local time, the US Senate failed to pass the temporary appropriation bill proposed by the Republican Party, and the government "shutdown" deadlock continued. It is reported that this is the 12th time the Senate has voted to reject the temporary appropriation bill after the recent US government "shutdown".
The US Senate voted for the 11th time on October 20 local time on the government funding bill, but it has not been passed, so the "shutdown" of the US government since October 1 continues. The bill originally planned to extend government funding until November 21, but ultimately fell short of the 60-vote threshold required for passage by 50 votes in favor and 43 votes against. (CCTV News)