Fox reporter Nick Sortor revealed that when Democratic members defected and voted to reopen the government, Democrats in the House chamber began screaming at each other and chanting "NO."
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 8, aides to U.S. Senate Minority Leader Chuck Schumer said that Democrats proposed to reopen the government through a no-strings-attached short-term funding bill and a bipartisan mini-omnibus funding bill. However, Republican aides said that Republicans rejected Democratic proposals to end the government shutdown. (Kim Ten)
Progress on the most important market structure legislation in the US crypto industry has been slow and may be delayed until next year. Coinbase CEO Brian Armstrong, Chainlink co-founder Sergey Nazarov, Uniswap's Hayden Adams, and Solana Policy Institute president Kristin Smith will meet with a number of Democratic senators this week to advance the contentious provisions negotiations and maintain industry communication. Kraken, Galaxy Digital, a16z Crypto, and Circle executives will also partici...
U.S. House Minority Leader Jeffries: House Democrats in Washington, D.C., are ready to reopen the government.
Variant's chief legal officer, Jake Chervinsky, wrote in an X post that a group has just submitted a counterproposal to the Responsible Financial Innovation Act (RFIA), but the proposal is not serious. These senators claim to support cryptocurrencies, but what they propose is essentially equivalent to...
A six-page proposal by Democrats in the US Senate aimed at preventing the illegal activities of decentralized finance (DeFi) has sparked strong criticism from Republican lawmakers and the crypto industry. The proposal requires regulators such as the Treasury Department to determine "whether the protocol is sufficiently decentralized" and treat individuals or entities that design, deploy or operate DeFi front-end services as intermediaries. Crypto industry insiders have warned that the proposal a...
The White House Budget Office has drafted a memo making it clear that employee pay is not guaranteed during the shutdown, while Democrats have called the move "baseless intimidation". Click to view...
Thune, the Republican leader in the US Senate, said Democrats must take full responsibility for the current government shutdown. He said Democrats were to blame for any funding disruptions to critical food aid programs, as well as all other negative effects of the shutdown. "Because we have to remember... the only reason for the shutdown is that Democrats refused to accept a clean non-partisan funding extension, a clean non-partisan funding extension. We are not asking Democrats to accept any ne...
Senate Democrats blocked a Republican stopgap funding bill that would have kept the government funded through late November, leaving the two sides with two weeks for last-minute negotiations to avoid a government shutdown. The Republican-controlled Senate voted 44 to 48, falling short of the 60-vote threshold needed to pass the bill. Rand Paul of Kentucky and Lisa...