The Ripple case, which has been in the district court for some time, may reach the U.S. Supreme Court before Congress creates a regulatory framework for the crypto industry, according to famous crypto...
Tag: Congress
Deaton Says Ripple Case Could Get to Supreme Court Before Congress Acts
The pro-XRP lawyer maintains that the courts will be the only source of clarity for the crypto space for the next two years. Attorney John E. Deaton has claimed that the United States Securities and E...
Biden administration urges Congress to ban airline family-seating fees
Passengers wearing protective masks are seen aboard before a JetBlue flight to London at JFK International Airport in the Queens borough of New York City, August 11, 2021. Jeenah Moon | Reuters The Bi...
China Strategy Puts U.S. Retail At High Risk
Chinese american economic relationship concept: View on hand holding mobile phone with USA flag. … [+] Blurred flag of China background. (selective focus on stars in upper row) getty USA importe...
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions — n...
Daylight Saving Time, Which Congress Could Make Permanent
Topline Two bills introduced in Congress this month hope to make daylight saving time, which will deprive Americans of an hour of sleep this Sunday, permanent for the country or for states who opt in....
Tiger Woods’ Ex-Girlfriend Erica Herman’s Lawsuits Against Him And His Trust, Explained
Topline Erica Herman, Tiger Woods’ reported ex-girlfriend, filed a civil suit this week against Woods to cancel a non-disclosure agreement she and Woods signed at the beginning of their relationship, ...
Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader
A Republican House leader says Congress will shape the future of Bitcoin (BTC) and cryptocurrency in the US – not the White House. House majority whip Tom Emmer is outlining a list of pro-crypto propo...
What To Know About Daylight Saving Time And Congress’ Efforts To Make It Permanent
Topline Two bills introduced in Congress this month hope to make daylight saving time, which will deprive Americans of an hour of sleep this Sunday, permanent for the country or for states who opt in....
Congress Crypto Regulations Needed to Slow Innovation Exodus
U.S. lawmakers have reintroduced a bill to prevent an innovation exodus in the wake of an ongoing crypto regulation crackdown on the industry. A bipartisan effort to keep innovation in America has bee...
Biden Unveils $6.8 Trillion Budget With New Tax Revenue—Here’s What To Know
Topline President Joe Biden proposed new taxes on the wealthy in order to lower the federal deficit by $3 trillion over the next five years in his 2024 budget plan unveiled Thursday—but the proposal i...
TikTok CEO Is Quietly Meeting With Lawmakers Ahead Of First-Ever Testimony
TikTok CEO Shou Zi Chew is pursuing closed-door meetings with several of the House lawmakers he must answer to at a hearing later this month. © 2021 Bloomberg Finance LP Shou Zi Chew is making the rou...
How Biden’s 2024 Budget Outlines Trillions Of Dollars In Proposed New Taxes
Topline President Joe Biden proposed tax hikes in his budget Thursday that could reduce the deficit by $3 trillion over the next decade, according to the White House, with tax increases for billionair...
Why recession odds just spiked after Powell addressed Congress
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, March 9, 2023 Today’s newsletter i...
The Costs Of Wind Production Tax Credits Provided In The IRA
PALM SPRINGS, CA – DECEMBER 17: An El Nino-influenced storm breaks up over giant windmills on … [+] December 17, 2002 near Palm Springs, California. (Photo by David McNew/Getty Images) Get...
CFTC head says stablecoins are in agency’s jurisdiction without ‘clear direction from Congress’
The head of the Commodity Futures Trading Commission views most stablecoins as commodities, barring new law that could change their classification. “Not withstanding that, they are a commo...
Silvergate turns to US congress agency for help
Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the num...
Advocacy Group is Campaigning to Encourage U.S. Congress to Prioritize User Privacy
The initiative was taken to encourage new members of Congress to protect privacy rights. While championing end-to-end encryption and safeguarding personal data. On Tuesday, January 10th, Fight for the...
Dow Falls Nearly 600 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Stocks fall after Powell tells Congress rates could go ‘higher’
U.S. stocks were under pressure on Tuesday after Federal Reserve Chair Jerome Powell told Congress that interest rates are likely to go “higher” in the face of persistent inflation. Near 2...
Powell tells Congress rates will likely be ‘higher than previously anticipated’
Federal Reserve Chair Jerome Powell told lawmakers on Tuesday interest rates are likely to rise more than previously expected as the central bank works to bring down inflation, which remains stubbornl...
Dow Falls 500 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Dow Falls 400 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline In a semiannual report to Congress beginning Tuesday at 10 a.m., Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected, saying the central bank will continue to up the t...
Crypto Whipsaws as Powell Talks to Congress
Bitcoin and ether lost as much as 1.7% and 1.5% as Federal Reserve Chair Jerome Powell appeared in the Senate, before paring losses. Risk assets took a hit Tuesday Morning as the central bank head tol...
Markets Watch Powell For Signs As Fed Chair Testifies Before Congress
Topline In a semiannual report to Congress beginning Tuesday at 10 a.m., Federal Reserve Chair Jerome Powell will offer a glimpse into how officials are thinking about the economy as they continue the...
Bitcoin Flatlines at $22.4K Ahead of Powell’s Congress Testimony: Market Watch
Bitcoin, and for that matter, most of the alternative coins, have remained untypically calm for the past few days. However, the landscape will likely change today or tomorrow as all financial markets ...
Starbucks CEO Howard Schultz Could Face Subpoena To Testify Before Congress, Bernie Sanders Says
Topline A Senate Committee will vote whether to subpoena Starbucks CEO Howard Schultz to testify about alleged efforts to block employee unionization efforts, after the company denied senators’ reques...
USD/CNY analysis ahead of the National People’s Congress
The USD/CNY exchange rate continued its bullish comeback as investors wait for the upcoming National People’s Congress (NPC). It also rallied amid the ongoing convergence between the Federal Reserve a...
Federal Reserve Frets $31 Trillion Time Bomb Along With Asia
As the deadline for raising the federal debt limit approaches, Kevin McCarthy (R-CA) said he would lead his caucus in opposition to President Joe Biden’s legislative agenda. Chip Somodevilla/Get...
Opinion: At last — somebody is trying to ‘save’ Social Security
Rude Europeans used to tell stories, possibly apocryphal, about American tourists who would ask for directions to a famous landmark while actually standing right in front of it. The Parisian would loo...