According to Crypto In America, U.S. Senate staffers are racing against the clock to reach the Senate before Thanksgiving.
On September 10th, the US Senate Banking Committee voted along party lines on Wednesday to support the nomination of Trump's adviser Stephen Milan to serve as a short-term governor of the Federal Reserve. Republicans are rapidly pushing his nomination to put him in office before next week's interest rate-setting meeting. According to people familiar with the matter, the committee approved the nomination by a vote of 13 to 11, which puts Milan on track to be confirmed by a full Senate vote on Mon...
Federal Reserve Chairperson Jerome Powell will testify before a U.S. Senate committee on the monetary policy report on June 25.
U.S. Treasury Secretary Vincent will testify before a House committee on June 11.
The US Senate banking committee has moved forward with the nomination of Michelle Bowman to be the Fed's vice chair of regulation, bringing her one step closer to a vote to approve. Ms Bowman is expected to support looser bank regulation than Mr. Barr, who resigned from the role earlier this year. She has often called for "tailored" regulation and sharply criticised a proposal that would require many banks to significantly increase their capital bases to cushion losses. She also said regulators ...
Arizona's Strategic Digital Asset Reserve Act, known as SB 1373, passed a House committee on Thursday. The bill is currently subject to a third reading and a full vote before it can be sent to the governor for final approval. SB 1373 proposes the creation of a Digital Asset Strategic Reserve Fund, which would consist of cryptoassets appropriated by the legislature and seized by authorities. The bill states that the state treasurer would be allowed to pass qualified...
The New Hampshire House Commerce Committee voted 16-1 to approve the Bitcoin Reserve Act (HB302), which will now go to a full House vote. If passed, the state treasurer will be authorized to invest 5% of state funds in digital assets. In fact, only Bitcoin currently meets the $500 billion market cap standard stipulated in the bill. The bill was passed by Republican Congressman Keith Ammo.
Ukrainian President Zelensky: Russian airstrikes on children's hospitals have wounded more than 100 people and killed 27.