The US Capitol Hill is engaged in a fierce game over cryptocurrency legislative strategies. Republicans in the House and Senate, as well as within the crypto industry, are discussing whether the GENIUS bill should be packaged with the Market Structure Act or passed separately. Some industry giants such as Coinbase and a16z support package passage, but the DeFi community prefers to push the GENIUS bill to land quickly first. At the same time, many Republicans in the Senate prefer to pass the GENI...
Trump: Will pardon defendants of the "January 6 riots on Capitol Hill" on his first day in office. Will not restrict the supply of abortion pills. Will definitely consider withdrawing from NATO. There are no plans now to ask Powell to resign as Fed chairperson.
Elon Musk and Vivek Ramaswamy will travel to Capitol Hill today to discuss with House and Senate Republicans major reform ideas "to achieve deregulation, executive cuts and cost savings", following President-elect Donald Trump's announcement on November 12 that Musk and Vivek Ramaswamy will co-lead the Department of Government Effectiveness (DOGE) when he becomes president, paving the way for dismantling government bureaucracy and cutting redundant regulations.
Capital Economics said the outcome of the US Presidential Election is still difficult to predict, but Donald Trump does appear to be gradually leading in some key swing states. Near 11:30 p.m. ET, The New York Times gave Trump a 91% chance of winning, predicting he would win 300 electoral votes, well above the 270 election threshold, and on Polymarket Trump had a 94% chance of winning. The agency also noted that the market has reacted, with the yield on the 10-year U.S. Treasury bond rising to 4...
During a Capitol Hill hearing, Democratic Congressman Waters (D-Calif.) used World Liberty Financial, a cryptocurrency lending platform promoted by Trump and his sons, as an example to highlight the heightened risks consumers face in the DeFi space. Last week, Trump's daughter Tiffany Trump and Republican National Committee Chair Lara...
President Joe Biden and his top aides sought to calm growing anxiety among his allies on Capitol Hill and top Democrats as he vowed on Wednesday to continue his re-election campaign, rejecting pressure from within the party to withdraw. Earlier, Biden's poor performance in the debate raised questions about him. According to reports, one of Biden's top aides posted Biden's...