Senate Banking Committee


Policy

Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

Sens. Cynthia Lummis and Tim Scott appear at the SALT Wyoming Symposium on Aug. 21, 2024. (Nikhilesh De/CoinDesk)

Policy

Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

After years of consequential silence on digital assets, the top Republican on the Senate Banking Committee stormed a Bitcoin 2024 stage as a booster.

U.S. Sen. Tim Scott, the Banking Committee's top Republican, has joined former President Donald Trump as a crypto booster. (Justin Sullivan/Getty Images)

Policy

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)

Policy

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.

U.S. Senator Cynthia Lummis (R-Wyo.) is one of the lawmakers asking for more information after the SEC's X account was compromised on Tuesday. (Shutterstock/CoinDesk)

Policy

Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Bernie Moreno will be the Republican nominee for Senate in Ohio, facing Sen. Sherrod Brown in this year's general election.

U.S. Senate candidate Bernie Moreno benefited from President Donald Trump's endorsement on the way to winning the Ohio Republican primary. (Scott Olson/Getty Images)

Policy

U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans

The Federal Reserve chairman said his agency isn't anywhere close to making any recommendations and wouldn't want any direct connection to retail users' data.

U.S. Federal Reserve Chair Jerome Powell testified that a U.S. CBDC isn't in the near future, and he said the Fed wouldn't design one to spy on Americans (screen capture, Senate Banking Committee video)

Policy

Crypto Action in Senate Remains on Back Burner: Sources

Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far holding off.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case

Republican lawmakers wrote to the SEC chairman, arguing that its misrepresenting of evidence against DEBT Box casts doubt on the agency's other enforcement matters.

Gary Gensler's SEC must now decide what to do about multiple applications for BTC and ETH ETFs (Jesse Hamilton/CoinDesk)

Policy

JPMorgan's Jamie Dimon Bashes Crypto: 'I'd Shut It Down'

The CEO of the powerful Wall Street bank would prefer canceling crypto, though JPMorgan is using intrinsically related blockchain technology to move billions.

JPMorgan Chase CEO Jamie Dimon sees eye-to-eye with longtime Wall Street critic Sen. Elizabeth Warren on distrusting crypto.  (Chip Somodevilla/Getty Images)

Policy

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Former Republican Sec. Patrick Toomey says he doesn't think the current Senate is able to pass crypto legislation. (Suzanne Cordeiro/Shutterstock/CoinDesk)