News list for "House Democrats"
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)
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...
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...
According to the Wall Street Journal, high mortgage rates have deterred many would-be home buyers. Now some Democrats are concerned that the Trump administration's new move could push rates even higher. Senators Elizabeth Warren of Massachusetts, Cory Booker of New Jersey and Chuck Schumer of New York have joined forces to call on the Trump administration to suspend the sale of shares in mortgage giants Fannie Mae and Freddie Mac.
Alex Thorn, head of research at Galaxy Digital, said in an X post that nine Senate Democrats, six of whom are members of the Senate banking committee, have expressed opposition to the current version of the GENIUS bill (Senate stablecoin bill). The group said they "cannot vote to end debate" if the current version of the bill goes to the full Senate for a vote. It is worth noting that four signatories (Senators Rochester, Warner, King, and Gallego) previously voted in favor of the bill in March.
U.S. Democratic senators sharply criticized Deputy Secretary of the Department of Justice Todd Blanche in a letter on Thursday, criticizing his decision to divert the Justice Department from its cryptocurrency enforcement priorities and disband the cryptocurrency enforcement team. Six Democrats, including Senator Elizabeth Warren, are in...
Mr. Schumer, the Democratic leader in the US Senate, has sought to shift the blame for a possible US government "shutdown" in March to John Thune, the Republican leader in the Senate, and congressional Republicans. Mr. Schumer said Mr. Thune "appears to have abandoned" the normal order of the appropriations process. Republicans have a responsibility to take seriously and avoid a Trump administration "shutdown" in a bipartisan way.
U.S. Senate Democratic leader Chuck Schumer: An agreement has been reached to pass a temporary funding bill before midnight (local time).
