No one knows what Russia will do next, including potentially jamming America’s Global Positioning System (GPS). With Congressional passage of the omnibus spending bill for 2022 imminent, reasonable pe...
Tag: Congress
Challenged By War, Ignored By Government
BERLIN, GERMANY – FEBRUARY 24: A woman wears make up in the colors of the Ukrainian flag protesting … [+] against Russian invasion of Ukraine in front of Brandenburg gate on February 24, 2...
Congress Passes Postal Service Reform—Here’s What It Means For Your Mail
Topline After years of revenue losses and widely criticized mail delays, the Senate passed a bill Tuesday to combat the U.S. Postal Service’s ailing financial condition and add accountability for the ...
Congress Could See Stablecoin Bill by End of March
Key Takeaways Competing bills concerning the regulation of stablecoins and their reserves could be introduced in Congress this month. Representative Josh Gottheimer produced an earlier draft of the bi...
Bipartisan Congressional Leaders Back Russian Oil Ban, Suspending Trade Relations
Topline Four top congressional leaders—the Republican and Democratic leaders of the powerful finance committees—announced Monday they have agreed on legislation to ban Russian oil and other energy pro...
One Crucial Step Congress Must Take To Turn Putin’s Cronies Against Him
Putin’s bloody invasion of Ukraine is a game-changer for the security architecture not only of Europe but of the entire world. It took two World Wars and tens of millions of lives to arrive at t...
Senior Democrat says he’s on ‘the side of the innovator’ amid crypto debate in Congress
advertisement Senate Finance Committee Chairman Ron Wyden said he is siding with crypto innovators as other Democrats in Congress express favor of tightening crypto regulations in the US. “There is o...
White House Weighs Ban on Russian Oil Imports as Congress Fumes
(Bloomberg) — The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukrain...
Percent Of U.S. Oil Imports From Russia Highest In Decades — At 3.5%
President Vladimir Putin’s Russia is a large exporter of oil to the world, but not the United … [+] States. Getty Images Some members of the U.S. Congress suggested Thursday that the Unite...
Ripple (XRP) Seeks to Collaborate with Congress on Smart Cryptocurrency Regulation: Details
Tomiwabold Olajide Ripple seeks to work proactively with Congress and regulators on smart regulation Ripple’s Head of Public Policy Susan Friedman states that many entities in the crypto space, ...
New draft resolution aims to make crypto deregulation part of the Republican platform for next Congress
advertisement On February 22, Rep. Madison Cawthorn (R-NC) introduced a resolution before the House of Representatives, which he has called his “New Contract with America.” The resolution ...
Congress To Continue Overseeing SEC On Bitcoin, Crypto Spot ETFs ⋆ ZyCrypto
Advertisement     The first physically delivered Bitcoin exchange-traded fund, which may be in the offing following the recent Securities Exchange Commission’s reply t...
An Epidemic Of Questionable Assertions
Questionable assertions are rapidly multiplying in the self-driving car space. getty Self-driving vehicles require relentless scrutiny. However, some fundamental misunderstandings cause industry obser...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
Who’s the most active crypto trader in the US Congress?
According to a recent CNBC analysis, eight of the highest-ranked politicians in the US or their immediate family have traded crypto over the past year–with bets spanning from $1,000 to $100,000. Alto...
‘Keep Your Coins’ Bill Introduced To Congress Following Canada’s Emergency Seizure Of Trucker Assets
Yesterday, U.S. Congressman Warren Davidson (R-OH) introduced “Keep Your Coins” legislation designed to prevent federal restriction on individual user’s virtual currency or wallet transactions. The bi...
As Congress weighs stablecoins, Tether emerges as a regulatory boogeyman
As Congress mulls new stablecoin laws, members clearly want to keep anything like the stablecoin Tether from cropping up again. For context, the House Financial Services Committee and the Senate Banki...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
FTX Chief Reminds Congress That 95% of Crypto Volume Is Offshore
(Bloomberg) — Sam Bankman-Fried, the chief executive officer and co-founder of cryptocurrency exchange FTX, said 95% of crypto trading volume occurs offshore and urged for greater regulatory cla...
Congress Hearing Bodes Well for Stablecoin Issuers
Key Takeaways The House Financial Services Committee met to discuss stablecoins yesterday. Committee members mostly argued that stablecoin issuers should not have to become regulated banks. U.S. regul...
In today’s House hearing, Congress rejects Treasury’s proposed stablecoin regime
The US Treasury Department’s proposal for new stablecoin law is dead in the water if today’s hearing before Congress is any indication. On February 8, the House Financial Services Committe...
Big techs targeted by the US Congress
The Justice Committee of the US Senate approved on Thursday its second bill on technological competition, highlighting the issue concerning Apple and Google app stores and the restrictions imposed on ...
IRS Calls on Congress to Strengthen Crypto Disclosure Rules
The IRS published a letter addressed to state senator Maggie Hassan (D-NH) calling on Congress to strengthen its cryptocurrency disclosure rules to help prevent cyberattacks. The letter, dated Decembe...
Congress Introduces A Radical Crypto Bill To ‘Unleash Innovation’ As The Price Of Bitcoin And Ethereum Suddenly Soar
Bitcoin and ethereum, the two largest cryptocurrencies have suddenly surged higher this week, with prices leaping following a much stronger than expected U.S. jobs report. Subscribe now to Forbes̵...
Bill advancing de minimis tax exemption for crypto transactions returns to Congress
advertisement On February 3, Suzan Delbene (D-WA) and David Schweikert (R-AZ) re-introduced the Virtual Currency Tax Fairness Act. The bill would free cryptocurrency users of the need to report capit...
S&P 500: U.S. Congress Members Load Up On 10 Stocks
Most S&P 500 investors know it’s unwise to fight the Fed. But do you know how to bet with the House — of Representatives? X New looks inside of U.S. Congress members’ stock trading act...
How some small businesses have survived the Covid pandemic without them
The storefront of Mark Shriner’s small business, The Coffee House, in downtown Lincoln, Nebraska. Courtesy: Mark Shriner Mark Shriner needed help. It was spring 2020, and his coffee shop in Linc...
Congress Wants BTC Mining to Be Greener
The U.S. Congress has completed a meeting in which members discussed how they can make the process of bitcoin mining greener. The situation is a bit of a two-sided coin in that they want to ensure ren...
Speaker Nancy Pelosi To Run For Reelection To Congress
Topline Speaker of the House Nancy Pelosi (D-Calif.) announced Tuesday she plans to run for reelection—but she didn’t indicate whether she would vie for another term as speaker after previously promis...
Opinion: The party’s over: The Fed and Congress have pulled their support from workers and investors
Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth that inflated the economy in 2020 and 2021 are fading fast. The air is coming out...