The expected House Republican inquisition is upon us. It will involve a series of investigations of federal agencies, on issues such as covid guidance, global warming, “weaponization,” over-regulation...
Tag: House of Representatives
House Passes $1.7 Trillion Spending Bill To Avoid Government Shutdown
Topline The House of Representatives approved a $1.7 trillion bill to keep the federal government funded until September, sending the massive omnibus spending package to President Joe Biden’s desk hou...
FTX CEO Ray details firm’s lack of controls, sophistication under SBF in testimony to Congress
FTX CEO John Ray refuted Sam Bankman-Fried’s contention that FTX US has enough segregated funds on hand to re-open user withdrawals. The CEO laid out the core structural flaws that led to ...
Gensler to brief House Democrats in run-up to FTX hearing: Exclusive
Democrats of the House Financial Services Committee will hear from Securities and Exchange Commission Chair Gary Gensler in the lead-up to a hearing on FTX next week. Gensler will speak at a Dem...
How Republicans Will Attempt To Influence Energy Policy In 2023
WASHINGTON, DC – MARCH 18: House Minority Leader Kevin McCarthy (R-CA) talks to reporters during his … [+] weekly news conference in the U.S. Capitol Visitors Center on March 18, 2022 in W...
FTX actions ‘were illegal 100 years ago,’ says Rep. Auchincloss
Congressman Jake Auchincloss, D-Mass., rejected the urgency for new crypto legislation in response to the collapse of FTX last week. “The disaster with FTX is just another exclamation point arou...
Rep. Davidson says ‘outside chance’ of stablecoin bill this year, likely next year with GOP majority
Congress has a shot at finalizing stablecoin legislation this year, says Congressman Warren Davidson, despite midterm elections in November breaking up the legislative calendar. “There’s an outside ch...
Draft stablecoin bill in Congress to require Fed, state regulator approval
Draft legislation to create a U.S. federal framework around stablecoins would temporarily ban the types of payment coins that are not backed by outside assets — similar to TerraUSD, an algorithmic sta...
Republican Rep Lauren Boebert fails to report crypto transactions in 2021
Rep. Lauren Boebert, R-Colo., failed to file transactions reports for several crypto purchases made in 2021, according to her annual financial statement filed on August 13. Under the Stop Trading on ...
The New Corporate Minimum Tax In Congress’ Climate Legislation Is A Bad Idea
WASHINGTON, DC – Sen. Joe Manchin (D-WV) leaves the Senate Chamber with Sen. Kyrsten Sinema (D-AZ) … [+] following a vote in the Senate at the U.S. Capitol Building on Wednesday, Nov. 3, 2...
The House Maloney AR-15 Gun Hearing Today Is Big News
The House committee hearing rosy, chaired by Rep. Carolyn Maloney, on AR-15 makers, is big news. She chairs the House Oversight Committee, the House’s most powerful investigative body. Two of three AR...
Congress To Ponder How To Deal With Long-Time Undocumented Immigrants
Ten million undocumented immigrants pose a challenge to U.S. immigration. How are we to deal with … [+] them? (Photo by: Joe Sohm/Visions of America/Universal Images Group via Getty Images) Univ...