[Dec 3, 2024 5:36 AM] AI is already impacting mortgage lending and credit score calculations, US Representative Maxine Waters said as she introduced a new bill in Congress.
[Nov 21, 2024 12:30 AM] “Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major…
[Sep 25, 2024 2:26 AM] SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
[Sep 24, 2024 11:20 PM] Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question…
[Sep 24, 2024 3:51 PM] U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to…
[Sep 23, 2024 11:19 PM] The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.
[Sep 19, 2024 1:30 AM] Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in…
[Sep 18, 2024 1:10 AM] US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.
[Sep 17, 2024 4:40 PM] Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out.
[Aug 29, 2024 9:48 PM] The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets…
[Jun 18, 2024 11:30 PM] Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives…
[May 30, 2024 11:58 PM] The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry.
[May 29, 2024 4:55 PM] Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.
[May 10, 2024 2:42 PM] The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry…
[May 8, 2024 2:17 PM] The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but…
[Apr 30, 2024 3:40 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered…
[Apr 30, 2024 1:49 PM] Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to…
[Apr 25, 2024 1:31 AM] U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
[Apr 11, 2024 4:34 PM] The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck…
[Apr 10, 2024 5:25 PM] Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward…
[Apr 9, 2024 9:27 AM] At the Bitcoin Policy Summit in Washington DC today, U.S. Congressman Patrick McHenry (R-NC) emphasized the importance of the United States taking a leadership role in Bitcoin and not lagging behind in during a fireside chat with Club for…
[Apr 9, 2024 8:32 AM] The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
[Mar 26, 2024 2:26 PM] As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange…
[Mar 20, 2024 12:29 PM] U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
[Feb 7, 2024 9:30 PM] Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of the digital…
[Feb 2, 2024 12:30 AM] Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule…
[Dec 5, 2023 11:19 AM] Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.
[Dec 4, 2023 7:12 AM] The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.
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