Text size The Senate votes Tuesday on a bill that would authorize more than $50 billion in subsidies and tax credits for U.S. chip makers. Tim Herman/Intel Corporation Semiconductor stocks rose Tuesda...
Tag: Senate
House, Senate Democrats push regulators to demand data from Bitcoin miners
A group of Congress members including US Sen. Elizabeth Warren and US Rep. Jared Huffman sent a letter to the Department of Energy (DOE) and Environmental Protection Agency (EPA) Friday asking regulat...
Paraguayan Senate Approves Cryptocurrency Bill – Regulation Bitcoin News
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved wi...
Paraguay Senate Passes Bill to Regulate Crypto Mining and Trading
The Senate of Paraguay, a South American nation, on Thursday, approved a bill to regulate cryptocurrency mining and trading in the country. The passage of the law is part of an approval made in Decem...
Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2
Sen. Kirsten Gillibrand (D-NY) raked in thousands from crypto executives including FTX CEO Sam Bankman-Fried and Gemini’s Cameron and Tyler Winklevoss, according to her latest fundraising report. Gill...
Senators Tangle With Oil Experts In Hearing On Containing Energy Costs
Sen. Angus King, I-ME, during a hearing last year. Getty Images ‘Is your industry really that afraid of Joe Biden?’ Though gasoline prices are down 40 cents a gallon in recent weeks, Americans are sti...
Democrats See Boost In Midterm Support After Roe. V. Wade Ruling, Poll Suggests
Topline Republicans and Democrats are in dead heat for control of Congress in November, a new poll from New York Times/Siena College suggests, a sign Democrats may have picked up support from the Supr...
Senate Democrats Criticize Biden Administration’s Probe Of Palestinian Journalist’s Death
Topline A group of Democratic senators criticized a U.S.-led review of Palestinian-American journalist Shireen Abu Akleh’s death, arguing the probe—which didn’t definitively conclude who killed Abu Ak...
Law Professor Accuses Josh Hawley Of Being ‘Transphobic’ In Testy Senate Hearing Exchange
Topline A Berkeley law professor called out Sen. Josh Hawley (R-Mo.) for a “transphobic” line of questioning Tuesday during the Senate Judiciary Committee’s hearing on the overturning of Roe v. Wade, ...
President’s Party Up Against Poor Odds In The Midterms [Infographic]
According to a new poll by Gallup, Americans are looking forward to the 2022 midterm election. This enthusiasm might not be shared by those whose performance is coming up to a vote in November—usuall...
Government Drug Price Negotiations Offer A False Promise
WASHINGTON, DC – JANUARY 04: Sen. Joe Manchin (D-WV) speaks to reporters outside of his office on … [+] Capitol Hill on January 04, 2022 in Washington, DC. Manchin took questions on the st...
A Key Precedent May Sustain Negotiation To Keep Down Medicare Drug Prices
Medicare drug price negotiation, which holds down prices, may emerge from the long-quiet Senate negotiations on an omnibus policy (“Build Back Better”) bill. On this issue, there has been a back-room ...
Trump-Endorsed Herschel Walker Falls Behind Warnock In Georgia Senate Poll
Topline A Quinnipiac poll released Wednesday found Georgia Sen. Raphael Warnock (D) has a 10-point lead over Trump-endorsed Republican challenger Herschel Walker in the state’s Senate race later this ...
Cryptocurrency and the Senate — Politicians Pushing Crypto Forward
Crypto is no longer where it used to be a few years ago, and we already have much wider adoption across the US, Europe, and many other areas of the globe. Numerous laws have been enacted that have pus...
New York Senate Passes Crypto Mining Moratorium
Just two days ago, Live Bitcoin News published an article saying that a proposed crypto mining moratorium in the state of New York had stalled in the Senate, and that the bill likely wasn’t being push...
Senate Passes Bipartisan Gun Control Bill In 65-33 Vote
Topline The Senate passed a bipartisan gun control bill in a 65-33 vote late Thursday, setting up one of the most significant pieces of federal gun legislation in decades—the product of weeks of negot...
Senate Advances Bill to Raise Age for RMDs to 75
Text size Savers can wait longer to begin emptying retirement accounts under pending legislation. Eric Lee/Bloomberg The Senate Finance Committee advanced a bill on Wednesday that would raise the age ...
Bitcoin Dips Below $20K as Fed’s Chair Powell Addresses Senate
Bitcoin wavered at its $20,000 support level again as Federal Reserve Chairman Jerome Powell testified in front of US Congress on Wednesday. He promised to continue fighting inflation by raising inter...
Big Changes to 401(k) Retirement Plans Get Closer With Senate Vote
Americans could wait longer to start emptying retirement accounts and face fewer restrictions on emergency withdrawals under a bill advanced unanimously Wednesday by the Senate Finance Committee. The...
Trump Slams Gun Control Bill—But Senate Republicans Likely To Pass It Anyway
Topline Former President Donald Trump blasted top Senate Republicans on Wednesday for backing a bipartisan gun control bill, but it appears nearly a third of GOP senators could break with the ex-presi...
Trump-Endorsed Katie Britt Defeats ‘MAGA Mo’ Brooks In Alabama GOP Senate Runoff
Topline Former GOP political staffer Katie Britt will be the Republican nominee for Alabama’s open Senate seat, the Associated Press projected Tuesday, easily defeating Rep. Mo Brooks (R-Ala.), a Trum...
Facebook Takes Down GOP Senate Candidate Greitens’ Ad About ‘Hunting’ RINOs
Topline Facebook on Monday removed an advertisement from Missouri GOP Senate Candidate Eric Greitens in which he called for people to go “RINO hunting,” a phrase short for “Republicans In Name Only,” ...
Walker, Warnock In Dead Heat For Senate As Kemp Opens Lead In Governor’s Race
Topline Voters in Georgia are evenly split between incumbent Sen. Raphael Warnock (D) and former football star Herschel Walker (R) in what’s shaping up to be one of the most competitive midterm ...
Will Bitcoin recover? US Senate crypto bill one of several catalysts to support BTC price
Bitcoin struggles to trade above $30K, and market participants await a long-awaited rally to new highs with every passing day. Considering that we haven’t seen this yet, are there any positives to kee...
Bipartisan Senate Gun Control Deal ‘Will Safe Lives’
A member of the Capitol police walks past the US Capitol in Washington, DC, on February 9, 2021. … [+] (Photo by Nicholas Kamm / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images) AFP via Getty ...
SEC’s Reign Might End If Senate Bill Passes, May Allow $200 Tax Exemption
CFTC is becoming a strong contender for SEC to replace the regulatory authority as the major crypto regulator. There is a possibility that this bill might offer a tax exemption for capital gains under...
Brock Pierce “Safehouse” Could Get Compromised Due To Senate Run
Brock Pierce was a former child actor, a recognized cryptocurrency billionaire, Tether, the controversial stablecoin’s co-founder and more. A cryptocurrency billionaire with possibly a massive tax bil...
Senate Introduces A Game-Changing Crypto Bill As Price Of Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin Turn Mixed
After last week’s rout, the crypto market turned mixed. The price of bitcoin gained 1.6% and ethereum’s price budged a few basis points higher this week. CardanoADA is up 22%, XRP 2.5% and solana 3.6%...
House Passes Sweeping Gun Control Measures—But Senate Republicans Will Spike Plan
Topline A legislative package strengthening national gun laws passed the Democratic-controlled House Wednesday following hours of impassioned debate and testimony on Capitol Hill, but the action was l...
Oz Won Pennsylvania GOP Senate Nomination By Under 1,000 Votes, Recount Confirms
Topline Dr. Mehmet Oz defeated former hedge fund CEO David McCormick in last month’s Pennsylvania Republican Senate primary by just 951 votes, according to a statewide recount whose results were relea...