Illinois Lieutenant Governor Juliana Stratton will become the state’s next Senator after she won the Democratic primary Tuesday night and defeated Representative Raja Krishnamoorthi. Senator Dick Durbin brought the race into the national spotlight when he announced his retirement, creating a competitive political environment. Illinois Governor JB Pritzker strongly backed
John Thune, the leader of the U.S Senate majority, said that lawmakers may consider delaying the legislation on the crypto market structure until April. He said that the Senate Banking Committee may consider it later. Since lawmakers are currently busy working on other pressing issues. The proposed legislation, known as
A move by US Senate Democrats and Republicans to pass a wide-ranging housing bill. They added a new section that prohibits the Federal Reserve from launching a retail central bank digital currency, or CBDC. The section of the bill would prevent the Fed from launching a digital version of the
The United States Securities Exchange Commission hinted at the prospect of regulating prediction markets under federal security laws. There is increased interest in the industry, prompting action by the SEC. Officials of the SEC stated that some contracts may fall under the investment contract provision of the Howey Test. The
Senate Democrats have scheduled a private meeting for February 4, 2026, to discuss the structure of the U.S. crypto market. The move comes after the Senate Banking Committee postponed the decision on crypto legislation related to market structure. This was enclosed through an X post, by Business Reporter Eleanor Terett.
Senate Democrats have accused Republicans of walking away from long-running bipartisan negotiations as a crypto market structure bill was reviewed in the Senate Agriculture Committee at the time of a business meeting. Finally, the panel voted to proceed with the digital assets bill on a 12-11 party-line vote, having no
The US Senate Agriculture Committee has deferred the date of their much-awaited markup on the big cryptocurrency market structure legislation to the last week of January as lawmakers rush to secure bipartisan support on bills affecting the regulation of cryptocurrencies in the US. Committee on Appropriations Chairman John Boozman stated
In a historic milestone for the crypto market, the U.S. Senate approved the Genius Act, a much-anticipated stablecoin bill that brings federal regulation and regulatory certainty to one of the most important parts of the digital asset ecosystem. The bill, which has gained bipartisan support, now heads to the House
U.S. Treasury Secretary Scott Bessent criticized the Senate on Thursday for rejecting the GENIUS Act, a stablecoin regulation bill. The vote, split 49-48, halted progress amid mounting concerns over President Donald Trump’s ties to crypto. Bessent called the decision a “missed opportunity” for American leadership in the digital asset space.
Senate Democrat Richard Blumenthal has initiated a preliminary inquiry into President Donald Trump’s crypto connections. He raised concerns about potential conflicts of interest and legal violations. As ranking member of the Senate Permanent Subcommittee on Investigations, Blumenthal sent formal inquiry letters Tuesday to executives at two Trump-associated crypto companies. Bill
