Senate stablecoin bill trips on cloture vote
48-49 cloture vote on whether to proceed to the bill came after Democrats decided that bill sponsor Bill Hagerty, R-Tenn., didn’t go far enough to satisfy them in the revised bill he released on May 1.
Search Roll Call
Search the Roll Call archive by keyword, date, Congress, section, or tags.
185 results for "1"
Stablecoins bill faces hurdle after Democrats withdraw support
that would facilitate issuance of stablecoins — digital currencies pegged to a reserve asset, in this case, the U.S. dollar — said over the weekend they wouldn’t vote for a revised bill released on May 1.
Treasury, IRS roll out long-delayed crypto tax reporting rules
In an Aug. 1 letter to Treasury Secretary Janet L.
FTX leaders’ political donations topped $1M weeks before bankruptcy
FTX executives, including former CEO Sam Bankman-Fried, spent at least $1 million on contributions across the political spectrum in the weeks before the company’s bankruptcy, including a large donation
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.
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
Congress · 117th Congress
Bankman-Fried made Agriculture panel members focus of campaign support
.; $1 million in support of Rep. Shontel Brown, D-Ohio; and $150,000 in support of Rep. Dusty Johnson, R-S.D., all members of the House Agriculture Committee.
Congress · 117th Congress
House Financial Services presses FTX CEO on crypto’s regulatory needs
The company has recovered more than $1 billion in assets and moved them to cold wallets, he said. “This company was uniquely positioned to fail.
Congress · 117th Congress
US files charges against FTX’s Bankman-Fried, who is arrested in Bahamas
The company also made more than $1 billion in loans and other payments to corporate insiders, Ray said.
Congress · 117th Congress
Senate bill would boost alternative assets in 401(k) plans
Association represents investors in private equity, venture capital, commodities and other nontraditional alternatives, with board members like Chicago-based Northern Trust Corp., which managers over $1
Congress · 117th Congress
Crypto sector lobbying expenditures up a third in second quarter
The cryptocurrency exchange spent $1.3 million last quarter, almost a fifth of all lobbying expenditures by the industry, with spending on its internal lobbying team accounting for $1 million of
Politics · 117th Congress
Crypto-linked super PACs boost spending on primary races
Bankman-Fried has contributed $23 million of the $24.2 million the PAC has raised so far, and Nishad $1 million, according to FEC filings.
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.
Congress · 117th Congress
Senate Banking advances Powell, two other Fed nominees after Raskin withdrawal
The committee voted 23-1 to advance Powell, with Sen. Elizabeth Warren, D-Mass., dissenting. Powell has been acting chairman since his term as chairman expired in early February.
Congress · 117th Congress
Lawmakers fear cryptocurrencies could be back door for sanctioned rubles
“Russia is the No. 1 ransomware actor in the world, so they clearly have the capacity to use cryptocurrencies outside the legal system,” Warren said in an interview.
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.