Congress · 118th Congress
Guide to House committee chairs for 118th Congress
Williams received at least $1 million in 2020 for his auto business, money that he said helped to save many jobs. Nydia M.
Search Roll Call
Search the Roll Call archive by keyword, date, Congress, section, or tags.
68 results for "1"
Policy · 118th Congress
After a year of collapses, cryptocurrency’s future in the balance
At the time of its collapse, Terra was the largest algorithmic stablecoin, a digital asset designed to always maintain a value of $1 through market incentives rather than through backing by cash or securities
Policy · 117th Congress
SEC’s new crypto enforcers are coming for DeFi, lawyers say
Sithian of Crowell & Moring LLP said scrutiny is likely over algorithmic stablecoins, which are digital assets that use a market-based arbitrage system, controlled by computers, to maintain a value of $1
Congress · 117th Congress
Bipartisan crypto bill outlines regulatory, tax framework
The drop in value of some cryptocurrencies in May, including the algorithmic stablecoin Terra, which lost its $1 peg, was followed by dips in other cryptocurrencies including bitcoin and Tether.
Policy · 117th Congress
Terra’s stablecoin flop raises questions about regulatory role
Terra had been the largest “algorithmic” stablecoin, a digital asset designed to always maintain a value of $1 through market incentives rather than backing by cash or securities.
Policy · 117th Congress
Critics see risk in ‘algorithmic’ stablecoins
If the price of the stablecoin rises above $1 based on investor demand, a Luna holder can swap $1 worth of Luna for that coin, making a profit from the higher price.
Policy · 117th Congress
SEC’s Peirce sees room to regulate stablecoins through bank ‘lens’
The President’s Working Group on Financial Markets, a task force of regulators focused on promoting market stability, issued a report on Nov. 1 calling on Congress to move quickly to enact legislation
Policy · 117th Congress
Celebrity crypto endorsers like Kim Kardashian spark concern for unwary investors
According to a study by Morning Consult, a data intelligence company that surveyed 2,200 U.S. adults in September, 1 in 5 respondents had heard about Kardashian West’s ad.
Congress · 117th Congress
Treasury pushes global crypto data-sharing rules in budget bill
Rettig has estimated the “tax gap” — the difference between taxes owed and paid to the federal government — stands at $1 trillion each year, with a portion coming from unpaid taxes on cryptocurrency trades
Congress · 117th Congress
Cryptocurrency tax reporting deal scotched in Senate
Rettig has estimated that divide is about $1 trillion per year.
Policy · 117th Congress
As banks push AI, worry about worsening inequality follows
The Boston-based National Consumer Law Center was even more blunt, warning in its July 1 letter to regulators that “the use of complex, opaque algorithmic models in consumer credit transactions also
Policy · 117th Congress
Wyden wants tweaks to infrastructure bill’s cryptocurrency rules
Rettig has estimated could be as much as $1 trillion each year including unpaid taxes on cryptocurrencies.
Policy · 117th Congress
GameStop case pushes securities market toward faster settlement
Lee anticipates T+1, or one-day settlement, as the first step. Going to same-day settlement faces obstacles, such as the different banking hours in Europe and the United States.
Policy · 117th Congress
Bitcoin backers urge SEC to shift view on exchange-traded funds
Bitcoin dropped to about $36,340 as of June 1, losing about 44 percent of its value in less than two months, according to Coindesk.
Policy · 117th Congress
States diverge on crypto oversight as industry awaits clarity
.; and related entities in 2019, alleging that Tether wasn’t truly backed 1-to-1 by U.S. dollars as the companies claimed. In February, the companies settled without admitting any misconduct.
Policy · 117th Congress
Antitrust risks cloud outlook for fintech deals amid surge
A total of 232 global fintech deals were announced from Jan. 1 through March 10 with an aggregate value of $47.8 billion, compared with 160 deals collectively worth $39.3 billion during the first
Policy · 116th Congress
Biden administration seen aiding digital identities, closing fintech loopholes
[jwp-video n=”1″] Kim said the chamber, which represents the interests of the cryptocurrency and blockchain industry, would push during Biden’s term for greater clarity on how financial institutions
Policy · 116th Congress
OCC payments charter proposal raises questions about what is a bank
[jwp-video n=”1″] But a lot of fintech companies, like PayPal Holdings Inc., act a lot like banks.
Policy · 116th Congress
UK limit on cryptocurrency derivatives draws attention in US
[jwp-video n=”1″] Hockett said the ban represents the U.K.’s first “foray” into clamping down on digital currencies, even if it covers a small part of the cryptocurrency market.
Policy · 116th Congress
Startup finds fintech can be held back by old suspicions
The strain of creating a remittance business, on a scale of 1 to 10, is “an 11,” Alexander said in an interview with CQ Roll Call.