Congress

No-Tax Status May Spur Shift From Cash to Instant Digital Tipping
No-Tax Status May Spur Shift From Cash to Instant Digital Tipping
May 22, 2025  |  Taxes

New legislation recently passed in Congress eliminates federal taxes on tips — and one ripple effect is that there should be further tailwind for those...

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Coalition Asks US House to Reject Freeze on State AI Regulations
Coalition Asks US House to Reject Freeze on State AI Regulations
May 21, 2025  |  artificial intelligence

More than 140 organizations are asking U.S. House leaders to reject a proposed 10-year freeze on state-level regulation of artificial intelligence (AI), saying it would...

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Could Durbin-Marshall Rider Cloud Path for Breakthrough Stablecoin Legislation?
Could Durbin-Marshall Rider Cloud Path for Breakthrough Stablecoin Legislation?
May 20, 2025  |  Cryptocurrency

Stablecoins, despite their name, have had a relatively volatile path toward regulation in the U.S. But on Monday (May 19), after weeks of political back-and-forth,...

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Revisions to GENIUS Act Could Impact US Stablecoin Market
Revisions to GENIUS Act Could Impact US Stablecoin Market
May 16, 2025  |  Cryptocurrency

It can feel as though every week there’s a new stablecoin announcement from a traditional financial player. The one thing they all have in common?...

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Bankers Tell Congress Regulation Hinders M&A and ‘De Novo’ Formation
Bankers Tell Congress Regulation Hinders M&A and ‘De Novo’ Formation
May 14, 2025  |  Bank Regulation

The path to creating a bank — from submitting a business plan to hitting the ground running — is a long and winding road, with...

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Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance
Derailed House Hearing Leaves Crypto Market Structure Hanging in Balance
May 06, 2025  |  Cryptocurrency

Donald Trump promised to transform the U.S. into the “crypto capital of the planet,” and he will need cryptocurrency legislation for his administration to do it....

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Rep. Andy Barr: Banking Regulators Deviated From Core Mission
Rep. Andy Barr: Banking Regulators Deviated From Core Mission
April 29, 2025  |  Bank Regulation

Rep. Andy Barr, R-Ky., said Tuesday (April 29) that he supports bills that will tailor federal bank regulation to financial institutions’ risk profiles and maintain Congress’...

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Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote
Senate Banking Committee Advances SEC Chair Nominee in Party-Line Vote
April 03, 2025  |  Regulation

The Senate Banking Committee voted Thursday (April 3) to advance President Donald Trump’s nominee as chair of the Securities and Exchange Commission (SEC), Paul Atkins,...

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Crypto Executives Push Congress to Allow Stablecoin Issuers to Pay Interest
Crypto Executives Push Congress to Allow Stablecoin Issuers to Pay Interest
April 03, 2025  |  Cryptocurrency

Some crypto executives are reportedly pushing Congress to allow stablecoin issuers to pay interest on their U.S. dollar-pegged tokens. The executives aim to add this...

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