News list for " U.S. House of Representatives"
The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.
On February 16th, during a hearing of the US House Financial Services Committee, Rep. Ayanna Pressley expressed strong concerns about the growing prevalence of cryptocurrency scams and urged stronger consumer protections. She emphasized that the Consumer Financial Protection Bureau (CFPB) played an important role in fighting fraud, but was disbanded under the influence of Trump and Musk, particularly through...
The US House Financial Services Committee held a hearing on digital assets on February 11. Republican Congressman Tom Emmer said that crypto technology transfers economic power from central institutions back into the hands of the people. Democratic lawmakers expressed concerns about Trump's Meme coin, which Sean Casten said lacked real value. In terms of stablecoin regulation, committee chair French Hill and Democratic leader Maxine Waters respectively proposed a regulatory framework. Investment...
According to Forbes business reporter Eleanor Terrett, the U.S. House Financial Services Committee will hold a hearing on February 12 at 3:30 PM on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Relations at Kraken Trading Platforms, will appear as a witness at the hearing, which will be broadcast live on YouTube.
Johnson, the speaker of the US House of Representatives, has said that Republicans will find funding sources to cover Trump's tax cuts.
U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...
According to Forbes reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee have announced the list of witnesses for next Tuesday's hearing on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Participants: Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Affairs at Kraken Ji Kim, President and Acting CEO of the Crypto Innovation Council Coy Garrison, Partner at SteptoeLLP and former SEC advisor Jose Fernan...
The chairperson of the U.S. House Financial Services Committee, FrenchHill, said that both houses of Congress will establish a cryptocurrency working group.
U.S. Rep. Gerald Connolly, Democrat of Virginia, has called on the U.S. House Oversight and Government Reform Committee to investigate whether President Trump's cryptocurrency enterprise conflicts with his presidential duties. Connolly said in a Jan. 21 letter to committee Republican Chairperson James Comer that Trump may have been removed from his W...
The Democratic leader of the U.S. House Financial Services Committee, California Rep. Maxine Waters, echoed the concerns of many cryptocurrency users and lawmakers who have accused Trump of harming legitimate projects in the cryptocurrency industry with the launch of Meme. Waters said in a statement on Jan. 20 that Official Trump (TRUMP) represents "the worst of Crypto" and...
