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Biden Says He Won’t Agree to Deal That ‘Protects Wealthy Tax Cheats and Crypto Traders’ as US Default Looms
22.5.2023
U.S. President Joe Biden says he will not agree to “a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk” as the U.S. faces the risk of defaulting on its debt obligations. “I’ve done my part,” Biden stressed, adding that it is now time...
Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts
11.5.2023
Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running for president in 2024, stressed that letting the U.S. default is “better than what we’re doing right...
US House Financial Committee Republicans look for records to show crypto debanking
27.4.2023
The lawmakers see a “coordinated strategy” to deny the digital asset industry access to banking that is not related to a desire to protect banks
House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
24.4.2023
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats
Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
23.4.2023
There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if...
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency
Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off
31.3.2023
Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off
House Republicans directly criticize Biden administration for digital asset policies
9.3.2023
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas,” said Republican Financial Services Committee members
Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
Crypto regulation decided by Congress, not the SEC: Blockchain Association
15.2.2023
The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
12.2.2023
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried...
Ted Cruz Isn’t Really Mad About Your Xbox (He's Full Of Crap)
27.1.2023
There was a time, not that long ago if you can believe it, when Microsoft could publish a news blog talking about its plans to make Xbox more environmentally friendly and nobody would really bat an eye. The world would move on, perhaps a little bit less polluted, and that would be that. But those...
House Republicans to Set New Subcommittee on Crypto, Will Have Key Role in Developing Bills
15.1.2023
The House Republicans have announced the formation of a new subcommittee dedicated to cryptocurrencies and blockchain technology. This subcommittee will have a key role in developing legislation and regulations that will govern the use of these technologies.
House Republicans are set to form...
Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS
13.1.2023
Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency...
US House Republicans plan to establish crypto-focused subcommittee: Report
12.1.2023
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to crypto
US House Republicans to Set Up Crypto Committee to Oversee Shaky Industry: Report
12.1.2023
The new subcommittee on digital assets, financial technology and inclusion will be chaired by Rep. French Hill (R-Ark.)
Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried
19.12.2022
Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive of the collapsed cryptocurrency exchange. “To any person, entity, or political campaign that...
Sam Bankman-Fried Interview Reveals Dark Donations to Republicans, FTX’s ‘Poorly Labeled Accounting’
30.11.2022
On Nov. 29, 2022, the crypto supporter and reporter, Tiffany Fong, published an interview with the former FTX CEO Sam Bankman-Fried (SBF) that was recorded 13 days before the interview was released. During the interview, SBF discussed who he thinks may have hacked FTX and he further denied he had...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...