News list for "US Congress"
Trump hinted at support for banning U.S. lawmakers from trading stocks.
On March 27th, BTC broke through $87,500 and is now reported at $87,360. The rally was affected by the US Senate's vote to repeal the Biden administration's crypto tax rules. The bill is expected to be signed by Trump and become the first formal cryptocurrency bill in the United States, bringing good news to the market. Trump also publicly supported Bitcoin, praised the Bitcoin Act advocate Cynthia Lummis, and emphasized that it would promote the United States to become the global cryptocurrency...
The Congressional Research Service (CRS) has released a report on Federal Reserve policy issues that addresses cryptocurrency and digital currency topics and outlines a number of policy issues that Congress may want to consider, including: Whether cryptocurrency companies and other non-traditional companies with federal or state banking licenses should be granted direct access to the Federal Reserve's discount window and master account. It is reported that the Federal Reserve has previously refu...
The Congressional Budget Office (CBO) said it expects real U.S. GDP growth of 1.9 percent in 2025, down from a 2.0 percent forecast in June, and forecasts an average annual growth rate of 1.9 percent between 2024 and 2034.
On January 15th, according to The Block, US Congressman Tom Emmer has been appointed as the vice chairperson of the House Subcommittee on Digital Assets, Financial Technology and artificial intelligence. The Minnesota representative has been an active supporter of the crypto industry and has introduced crypto-focused bills in the past few years, including one aimed at clarifying the classification of digital assets.
According to CBS News, the US Congress has confirmed President-elect Donald Trump's victory in the 2024 election after counting the electoral votes.
According to the Washington Post, the U.S. Congress will meet on Monday to certify the results of the 2024 election. The upcoming certification process is expected to proceed smoothly. (Jin Ten)
On December 28, US Treasury Secretary Janet Yellen sent a letter to the US congressional leadership on the debt ceiling issue, asking Congress to take action to protect the credibility of the US government. Yellen is expected to initiate extraordinary measures from January 14 to 23, and said that the Treasury could reach the new debt ceiling on January 14-23.
Treasury Secretary Janet Yellen has written to congressional leadership on the debt ceiling, asking Congress to take action to protect the credibility of the US government. Yellen is expected to initiate extraordinary measures on January 14-23 and said the Treasury could reach the new debt limit on January 14-23.
According to market sources, US Congressman Ro Khanna has called for a ban on members of Congress from trading stocks. According to Kalshi, a US financial trading and prediction market platform, there is only a 14% chance of this happening next year.
According to The Hill, US President Joe Biden is preparing to leave the White House in a low-key manner. His public appearances after the election attracted little media attention. On the contrary, Trump was already in office even before his second inauguration.
US Congressman Anna Paulina Luna: A vote on the new temporary appropriations bill will be held at 6 PM EST (7 AM Beijing time today).
U.S. Democratic lawmakers have elected senior members of key committees for the 119th U.S. Congress, as the party prepares to become a minority party. California Rep. Maxine Waters will remain a senior member of the House Financial Services Committee until the new Congress is sworn in in 2025, the Democrats said in a Dec. 11 notice. It is reported that the House committee is responsible for legislation and policy affecting the financial services industry, including the cryptocurrency industry. R...
According to a source familiar with the matter, the Israeli government is expected to soon announce a ceasefire agreement with Hezbollah in Lebanon, which will begin on Wednesday morning.
Republican SEC Commissioner Hester Peirce is "likely" to become the new acting chairperson of the Securities Exchange Commission (SEC), Congressman French Hill revealed at the North American Blockchain Summit (NABS). He noted that after current Chairperson Gary Gensler steps down on January 20, 2025, the Republicans will take over the SEC, and Peirce is expected to succeed him.
