2 / 2 Relevant items tagged with #HouseOfRepresentatives

Posts

U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances

[Oct 13, 2023 10:26 AM] Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year.

Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick

[Oct 11, 2023 2:28 PM] The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.)…

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

[Oct 9, 2023 8:24 AM] Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a…

Crypto-friendly Patrick McHenry takes interim House Speaker position

[Oct 3, 2023 9:25 PM] Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress.

Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

[Oct 3, 2023 5:03 PM] Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there.

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions

[Sep 28, 2023 3:00 PM] It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.)…

White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry

[Jul 27, 2023 8:21 AM] The move comes a day after the finance-focused lawmakers agreed bills on crypto market structure

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

[Jul 26, 2023 6:35 PM] The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday.

Joint U.S. House Hearing on Crypto’s Future Opens With Discord

[May 10, 2023 8:45 AM] Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.

Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate

[May 4, 2023 9:30 AM] In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The…

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

[Apr 18, 2023 1:30 PM] There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident…

U.S. House Committee Publishes Draft Stablecoin Bill

[Apr 15, 2023 2:07 PM] The stablecoin is the first major piece of crypto legislation in 2023.

House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

[Feb 12, 2023 11:00 AM] On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about…

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

[Jan 14, 2023 1:30 PM] Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that…

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

[Jan 13, 2023 9:00 AM] Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would…